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Zimra to introduce 10pc withholding Vat

HARARE – The Zimbabwe Revenue Authority (Zimra) will, with effect from October 1, 2016, introduce a 10 percent withholding Value Added Tax (Vat) on output tax charged by suppliers of goods and services, it has emerged. Finance minister Patrick Chinamasa last week announced the development in his mid-term fiscal review statement saying it was aimed…

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