With effect from 01 January 2015, the Zimbabwe National Road Administration (ZINARA) will be collecting Presumptive Tax for the Transport Operating Industry on behalf of the Zimbabwe Revenue Authority and Treasury. The process of collection of Presumptive Tax will be mandatory to all operators who do not have current Tax Clearance Certificates for the current period and vehicles will not be licenced without payment of Presumptive Tax. The table below illustrates the charges:
Details relating to the current rates and due dates of the various categories are shown below.
1. Transport Operators’ Presumptive Tax
|Operators of:||Description||Presumptive Tax (US$ per quarter for each vehicle)|
|Commuter Omnibuses||8 to 14 passengers||150|
|15 to 24 passengers||175|
|25 to 36 passengers||300|
|From 37 passengers and above||450|
|Driving Schools||Class 4 Vehicles||500|
|Class 1 and 2 vehicles||600|
|Goods Vehicles||More than 10 tonnes but less than 20 tonnes||1000|
|More than 20 tonnes||2500|
|10 tonnes or less but with combination of truck and trailers of more than 15 but less than 20 tonnes||2500|
Taxicab and omnibus operators are required to carry a tax clearance certificate in the respective vehicle. Failure to carry or produce the tax clearance certificate renders the person in charge of the vehicle liable to a fine of 100% of the amount due or, if in default of payment, imprisonment for a period not exceeding six months. Failure to pay the Presumptive Taxes in time also renders the operators liable to interest charges.
To understand about taxes on your business, get a copy of the 2015 Simplified Guide Taxes. It is available as an eBook which we will send by email for only $3, or in print for $6 which you can get at our offices, Admiral Business Systems (Pvt) Ltd, 308, 3rd Floor Merchant House, 2nd Street / Robson Manyika Avenue, Harare. Call / Whatsapp Christine on 0772 854 301 to order.