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The Zambia Revenue Authority (ZRA) are currently undertaking desktop audits focusing on comparing gross payments in the Withholding Tax (WHT) returns against payments declared in the Corporate Income Tax (CIT) returns. We share in this alert some of the common pitfalls in WHT compliance and how...
The Zambia Revenue Authority (ZRA) have issued a notice advising all taxpayers involved in importation of goods that the Tax On-line System ("ZRA's Domestic Taxes Management System") and the Asycuda World System ("ZRA's Customs Duty Management System") have been synchronised for purposes of...
On 6 April 2018, the Zambian Government through the Ministry of Finance (MOF) released the Income Tax (Transfer Pricing) (Amendment) Regulations 2018 which are regulations meant to govern transactions between related parties.
The Minister of Finance, Honourable Felix C. Mutati, MP, presented a K71.6 billion 2018 National Budget to the National Assembly on Friday 29th September 2017.
The Minister of Finance, Honourable Felix C. Mutati, MP, presented a K64.5 billion 2017 National Budget to the National Assembly on Friday 11 November 2016.
The October 2015 Zambia Budget Address for the year 1 January 2016 to 31 December 2016 was delivered to the National Assembly by the Minister of Finance and National Planning, Honourable Alexander B. Chikwanda, MP on Friday 9 October 2015.