Cut remote workers’ income tax, Zimra told

THE Zimbabwe Revenue Authority (Zimra) must tax remote income at a lower flat rate to encourage voluntary compliance for people working for companies not resident in Zimbabwe, a local tax expert has said.
In a presentation at the Tax Matrix School, 2022 mid-term fiscal budget review last week, Trendset Tax and Advisory managing director David Masaya said there was a surge in numbers of locals taking up jobs from companies abroad and executing their duties virtually.
“To foster compliance for such people, another view would be for fiscal authorities to tax such income at a lower flat rate to encourage more compliance.