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UNDERSTANDING MANDATORY PRESUMPTIVE TAX ON TRANSPORT OPERATORS

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kombicitycabWith 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
Taxi Cabs All 100
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.

 

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