Online Reporter
Nqobile Bhebhe, Zimpapers Business Hub
THE Zimbabwe Revenue Authority (Zimra) has set May 30, 2026, as the deadline for taxpayers to voluntarily disclose any undeclared income or outstanding tax obligations for the 2025 year of assessment under its Voluntary Disclosure Programme.
The initiative is designed to give both individuals and businesses an opportunity to regularise their tax affairs without incurring penalties, although interest will still be charged in line with existing laws.
In a public notice, the tax authority urged taxpayers to take advantage of the window to come forward before enforcement measures are intensified after the deadline.
“The Zimbabwe Revenue Authority (ZIMRA) invites all taxpayers to review their tax affairs and voluntarily disclose any income that was not declared or tax obligations that were not complied with during the 2025 year of assessment.
“This initiative is meant to encourage voluntary compliance and allow taxpayers to regularise their tax affairs without unnecessary disruption to their business operations,” reads part of the notice.
Zimra warned that failure to comply within the stipulated timeframe could trigger audits, penalties and possible prosecution.
“The Voluntary Disclosure opportunity expires on 30 May 2026. After this date, any non-compliance identified will be treated in accordance with the full provisions of the tax laws.”
The revenue collector said the programme applies across the board, covering all categories of taxpayers, including micro and small enterprises, medium-sized firms and large corporates.
Zimra also extended the scope of the initiative to include individuals and entities operating within the informal sector, which has become a significant component of Zimbabwe’s economy.
“This opportunity applies to all individuals and businesses that may have outstanding tax obligations or undeclared income, including those operating in the informal sector.
“Examples include persons who: Operate businesses but are not registered for tax, Earn income from online platforms or digital services, Receive rental income from property, Trade in gold or other minerals, Operate transport or taxi services, Conduct business using crypto assets, Earn income from foreign companies while residing in Zimbabwe, Have significant assets or developments inconsistent with their tax declarations, Non-resident entities earning income from e-commerce activities or digital services consumed or utilize in Zimbabwe.”
The authority said the Voluntary Disclosure Programme cuts across all tax heads, including Income Tax, Value Added Tax (VAT), Pay As You Earn (PAYE) and Capital Gains Tax (CGT), among others.
Importantly, Zimra emphasised that taxpayers who make full and truthful disclosures will benefit from a waiver of penalties and will not automatically be subjected to audits or prosecution.
“Where a full and truthful disclosure is made, the Commissioner shall waive the penalties in full, and such disclosure shall not automatically trigger an audit or prosecution.
Interest will apply as provided by law.”
Authorities say the programme is part of broader efforts to enhance compliance, widen the tax base and promote fairness in the tax system by bringing previously undisclosed economic activities into the formal net.
The latest move comes as the tax authority steps up efforts to improve revenue collection amid growing economic activity across both formal and informal sectors, including digital and cross-border transactions.
