On 18 September 2026, the Zambia Revenue Authority (ZRA) announced a 100% waiver on penalties for taxpayers with outstanding tax liabilities. This measure aims to encourage voluntary compliance and reduce the burden of accumulated penalties on businesses and individuals. The waiver applies to penalties accrued up to a specified cutoff date and covers major tax heads including Income Tax, Value Added Tax (VAT), Pay As You Earn (PAYE), and Customs duties. Taxpayers must apply through the ZRA taxpayer portal and settle the principal tax amount to qualify. The initiative reflects the government’s commitment to supporting economic recovery by easing fiscal pressures on compliant taxpayers.
Key Takeaways
- Comprehensive Penalty Relief: The waiver covers 100% of penalties across all tax types, providing significant financial relief for taxpayers with historical non-compliance.
- Principal Tax Payment Required: To benefit, taxpayers must pay the full principal tax due; the waiver does not extend to the underlying tax liability.
- Application via Digital Portal: Applications must be submitted electronically through the ZRA taxpayer portal, streamlining the process and ensuring transparency.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement