ZIMRA issued Public Notice 49 of 2026 on 10 September 2026 reminding all registered VAT operators that the monthly VAT return and payment for the August 2026 tax period is due on 10 September 2026. This notice reiterates the standard due date stipulated in Section 38 of the Value Added Tax Act [Chapter 23:12] and emphasizes the requirement for electronic filing through the TaRMS portal. The notice also highlights that Digital Services Withholding Tax (DSWT) returns for non-resident digital service providers are due on the same date. Failure to submit returns and remit tax by the deadline attracts penalties of 10% of the tax due plus interest at the prescribed rate per month or part thereof.
Key Takeaways
- Unified Filing Deadline: Both domestic VAT returns and Digital Services Withholding Tax returns share the 10th of the following month due date, simplifying compliance for businesses with mixed revenue streams.
- Electronic Payment Mandate: All payments must be made via the ZIMRA-approved electronic channels (RTGS, mobile money, or direct bank transfer) referencing the correct Taxpayer Identification Number (TIN) and tax period to avoid misallocation.
- Penalty Avoidance: The notice warns that late submissions will incur automatic penalties. Taxpayers are encouraged to file early and use the TaRMS preview function to verify calculations before final submission.
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