Vision Tax Advisory Zimbabwe

We assist both individuals and organisations to register with ZIMRA for tax purposes.

Have you prepared your financials and now need a tax computation done? Or have you done your tax computation and need assurance that it is in order? An expert review would be key to ensure accuracy and correct treatment of transactions and we do that for you.

Taxpayers have to regularly file tax returns, some of which may be complex. We assist our clients in preparing of filing the tax returns with ZIMRA.

Your tax position per your records may often be different from that per ZIMRA records. Various factors may lead to differences in the tax positions. We assist in ensuring that there is a common position in terms of tax returns filed and payments.

A tax clearance certificate is one of the mandatory requirements in most tender processes. Absence of a valid tax clearance certificate may also see a supplier suffering a 10% withholding tax on contract payments. We assist taxpayers to acquire tax clearance certificates from ZIMRA.

The Zimbabwean tax regime is experiencing continuous growth in complexity. While the existing laws are regularly amended, new ones are frequently introduced. Staying compliant in that an environment often becomes a challenge. We carry out regular examinations and reviews of our clients’ tax affairs in order to ensure compliance.

Tax training is at the heart and core of compliance. We deliver client-specific tax training to our clients in terms of their needs. This is a training that is tailor-made for a taxpayer and mostly done at their premises or place of business.

Numerous fiscal and monetary policy pronouncements, laws, directives and regulations are issued from time to time. Tax cases are also decided frequently by the courts. Vision Tax Advisory captures and summarises all these developments among others on a monthly basis through its Monthly Tax Bulletin. Subscribe for it and stay informed.

Transfer pricing is taking centre stage. New laws regulating it were recently introduced. The tax authorities want to scrutinize transactions between related parties to ensure they do not lead to a prejudice to revenue. Transfer pricing documentation is now mandatory. We help you with drafting of transfer pricing documentation or policies as well as filing of transfer pricing returns.

Business transactions can legally be arranged in a way which gives leverage to a business owner for tax benefits through tax planning. Vision Tax Advisory can help in planning one’s business in order to fully benefit from the incentives, reliefs and advantages afforded by the taxes and customs legislation.

Every business transaction presents tax implications. The tax treatment may vary depending on a number of factors. Such factors include the taxpayer, relationship of the transacting parties, transaction amounts involved, goods/services involved etc. More than one tax obligation or none may have to be accounted for on a single or series of transactions. We provide detailed advice pertaining to any contemplated transactions or historical transactions.

Many a times, ZIMRA does random audits on taxpayers. Taxpayers are often found on the wrong side of the tax law and tax bills will be raised. This usually gives rise to disputes between the taxman and the taxpayer. Vision Tax Advisory can handle such processes for you while you concentrate of your core businesses.

Your tax position per your records may often be different from that per ZIMRA records. Various factors may lead to differences in the tax positions. We assist in ensuring that there is a common position in terms of tax returns filed and payments.

A taxpayer needs to make sure that whatever contract they enter into is perfect and proof from litigation by other parties. We can assist in ensuring the contracts you ink pen on are clear regarding tax issues and responsibility for the same. Internal work procedures also need to embed tax as part of risk management strategy and we assist with procedure reviews to ensure compliance.

Let us be your partners in coming up with viable business plans and proposals as may be required by various stakeholders and ultimately answer your dreams.

When entering deals, parties may not divulge certain information which can potentially deter the other party from contracting. Due diligence checks help to bring out such hidden issues so that a party enters into a contract fully aware of any issues worth knowing. Vision Tax Advisory helps with due diligence checks for you.