ZIMRA issued Public Notice 42 of 2026 in October 2026, announcing a further extension of the Voluntary Disclosure Program (VDP) deadline. This extension applies to all taxpayers who have not yet regularized their tax affairs under the initial VDP window. The new deadline is set for 30 November 2026, providing an additional 30 days. The notice reiterates the benefits of the program, including reduced penalties, interest waivers, and prosecution immunity.
Key Takeaways
- Extended Deadline: Taxpayers now have until 30 November 2026 to submit voluntary disclosures for all tax periods up to 31 December 2025.
- Simplified Application: The VDP application process has been streamlined on the TaRMS portal with a dedicated module.
- Final Opportunity: ZIMRA indicates this is the final extension; post-VDP enforcement actions will intensify.
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