ZIMBABWE National Chamber of Commerce (ZNCC) has urged the government to engage businesses that are in tax arrears instead of threatening to shut them down, saying this was a harsh decision.
Advertisements
This comes after Finance minister Mthuli Ncube revealed that the Zimbabwe Revenue Authority (Zimra) was as of June 30, 2022 owed $23 billion in taxes. ZNCC deputy president Charlton Chimbira told a recent interface between the government and business on the recently released midterm national budget review that the blanket move would penalise his organisation’s members who are already working on improving comp
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased