Choose Misfort
Your Final Stop for Tax Consulting, our Tax Consultancy and Accounting Services are ISO certified. We can assist you with: Tax Clearance Certificates Registration with ZIMRA Zimra Representation VAT, PAYE, CGT, Income Tax Advice Registration with ZIMRA Tax Training Tax Restructuring Tax Planning Project Proposal Application Corporate Legal Advisory Zimra Assessment Review Management and Final […]
The role of tax on Economy growth
Many a time some individuals and corporates have tried in vain to avoid remitting tax to the responsible government agents. What seems to not have dawned on them is the knowledge of how positive the role of tax is in terms of developing the nation if the funds are channeled effectively and correctly. As we […]
For a prompt and reliable service
Committed to your Tax Solutions, Misfort Tax Consultancy is a team of Certified Tax Accountants in tax consulting and accounting services. Our services include: Tax Clearance Certificates Zimra Representation in audits and investigations Tax Returns Registration with Zimra Tax Training Tax Restructuring Tax Planning Project Proposal Application Corporate Legal Advisory ZIMRA Assessment Review Management and […]
Quality services guaranteed
For professional and quality guaranteed tax advisory and accounting services at very affordable fees, do not hesitate to contact us. Misfort Tax Consultancy 33 Airdrie road Eastlea Phone 263 4 481599 Cell 0774616081 Email marketing@misforttax.com Website https://misforttax.co.zw/
Knowledge is power
Origins of taxation The first known system of taxation was in Ancient Egypt around 3000BC- 2800BC. Pharaoh would conduct a tour of the kingdom collecting tax revenues from the people. The royal tours, called the “Following of Horus” made clear that tax revenues were due to the pharaoh as the head of the […]
VAT Catergory
Category Tax Period Due Date A December/January, February/March, April/May, June/July, August/September and October/November By 25th day of the month following the end of the tax period B January/February, March/April, May/June, July/August, September/October and November/December C Monthly D Tax period other than A, B, C approved by the Commissioner The VAT Act […]
Tax payment made easier
Tax payment made easier Paying taxes can be an expensive process for a business but there are a number of ways that one can utilise to manage compliance costs. These include: Tax Knowledge – The people responsible for managing tax issues in a business should be well grounded in tax matters that affect the business […]
VOLUNTARY DISCLOSURE
VOLUNTARY DISCLOSURE The Zimbabwe Revenue Authority (ZIMRA) is encouraging taxpayers to review their tax affairs and make voluntary disclosures where there is any income omitted from returns submitted or where there are any tax obligations that the taxpayer may not have complied with. In order to encourage taxpayers to come forward and volunteer disclosure […]
Allowable deductions for donations in the determination of taxable income
Businesses and individuals often make donations to meet their Corporate Social Responsibility (CSR) goals or just out of goodwill. Donations by their nature are not incurred for the purposes to further trade and neither are they incurred for producing income but out of compassion or passion. Hence, some of them are not allowed as […]
Benefits of tax compliance
Tax laws provide for the charging of additional tax and penalties equal to the defaulted amount and interest, where a client fails to adhere to its provisions. In some instances, fines, prosecution and imprisonment may be effected depending on the nature of the default. However, taxpayers can avoid these unnecessary penalties by being tax complaint. […]