Taxpert Accountants

24/01/2026

📢 AUTOMATIC INPUT TAX & FDMS COMPLIANCE – WHAT EVERY VAT-REGISTERED BUSINESS MUST KNOW

ZIMRA’s Fiscalisation Data Management System (FDMS) now enables automatic input tax recognition — but only if your fiscal invoices contain all the required details.

If an invoice is missing key information, FDMS will not pick it up, and input tax may be disallowed, even if VAT was paid.

✅ To ensure your input tax is automatically recognised, a valid fiscal tax invoice must contain the following details:

🔹 Seller’s Registered Business Name
🔹 Seller’s Physical Address
🔹 Seller’s VAT Registration Number
🔹 Seller’s TIN
🔹 Fiscal Device ID / FDMS Registration Number
🔹 Fiscal Invoice Number (system-generated)
🔹 Date and Time of the transaction
🔹 Buyer’s VAT Number (where the buyer is VAT-registered)
🔹 Description of goods or services supplied
🔹 Quantity and Unit Price
🔹 VAT Rate applied
🔹 VAT Amount charged
🔹 Total amount (VAT inclusive)
🔹 FDMS fiscal signature and QR code

⚠️ Important:
Invoices that are manual, altered, incomplete, or issued from non-fiscalised systems will not qualify for automatic input tax.

📌 Compliance Tip:
Always verify invoices at the point of purchase and insist on a proper FDMS-compliant fiscal invoice.

💬 Need help reviewing your invoices or setting up compliant systems?

📞 Talk to us before ZIMRA talks to you !

📲 077 856 8284
📧 [email protected]

18/01/2026

📌 ZIMRA & NSSA Registration:

Running a business in Zimbabwe comes with legal registration obligations. Two key institutions are ZIMRA and NSSA.

🏢 ZIMRA Registration

Registering with ZIMRA gives your business a tax identity. Depending on your activities, you may need to register for Income Tax, PAYE, VAT, ,Withholding Taxes...among other tax types.

✅ Ensures compliance
✅ Avoids penalties
✅ Builds business credibility

👷 NSSA Registration

NSSA registration is mandatory for all employers. It provides social security cover for employees, including pensions and workplace injury benefits.

✅ Protects employees
✅ Protects employers from legal risk

📌 Delaying registration often leads to penalties and backdated charges.

📞 Need help with ZIMRA or NSSA registration?

Send us a message and get compliant without delay ✔️

📲 077 856 8284
📧 [email protected]

16/01/2026

📘 RECORD KEEPING: The Foundation of Maximum Tax Compliance

Good record keeping is not just paperwork — it is the backbone of proper tax compliance ✅.

Whether you run a small business or a growing company, accurate records protect you from unnecessary tax problems.

🧾 Proper records help you support the figures declared in your tax returns — income, expenses, PAYE, VAT, and assets. This ensures taxes are calculated correctly, helping you avoid penalties, interest, and costly disputes with ZIMRA ⚖️.

📂 Businesses are required to keep records for prescribed periods. Poor or missing records can lead to estimated assessments and fines — even when the business is compliant.

📊 Beyond compliance, good record keeping improves decision-making, cash-flow management, and business planning.

Simply put: no records, no proof; no proof, no protection.

👉 If you are unsure whether your records meet tax requirements, now is the time to act. Contact us to review, clean up, and strengthen your records — and stay compliant with confidence:

📲 077 856 8284
📧 [email protected]

01/01/2026

✨ Happy New Year 2026!
Taxpert Zimbabwe wishes you a year of growth, compliance, and financial success.
Let’s keep your taxes smart and stress-free. ✔️📊

13/07/2025

17/04/2024

Taxpert Accountants exists to serve and save our clients beyond expectations. We serve businesses across all sectors and sizes, providing sustainable solutions for growth, business processes and regulatory compliance.

As professional advisors to our clients, we adhere to fundamental principles of ethics (integrity, objectivity, professional competence & due care, confidentiality and professional behavior) in all our interactions with various stakeholders. Our services include Taxation, Accounting & Bookkeeping, Business advisory and Training.

Why us:
~ We are Chartered Certified Accountants, Certified Tax Accountants and a Licensed Tax Agent
~ We are dedicated and committed to excellent timely service provision
~ We are driven by the desire to exceed client expectations
~ We are available to our clients as the much needed expert resource
~ We pride ourselves of highly experienced, qualified and competent staff

°°°°We strive for sustainable working business relationships with our valued clients °°°°

23/01/2024

15/01/2024

‼️2024 BUDGET HIGHLIGHTS‼️

✅VAT registration threshold reduced to
USD$25 000.
✅Corporate Income Tax reinstated to 25%.
✅USD$1 000 penalty for failure to issue a fiscal tax invoice.
✅ZWL$ 7 500 000 bonus free threshold.
✅ZWL$750 000 per month, employment tax free threshold.
✅USD$25 per day per point of sale for failure to acquire and use an electronic fiscal device.
✅The tax exempt threshold on withholding tax on agricultural commodities reviewed from USD$ 1 000 per annum to USD$ 5 000.
✅Licensed, tax- compliant and VAT registered operators will only be allowed to acquire goods from manufacturers.
✅1% levy on outbound foreign currency transfers.
✅Fiscal invoice to be issued not later than the time of supply.