Miners welcome new tax regime

ZIMBABWEAN miners have embraced government’s decision to reduce mining royalties and making them deductable for tax purposes.Advertisements The country’s miners had, for years, complained that the previous arrangement was prohibitive. “In line with practices in other countries, I propose to allow mining royalties as a deductible expense in the determination of taxable income, with effect…

Subscribe to read full article. Subscribe today

Related posts

Government ups ante on smuggling

Zinara banks on computerisation

Zimra prioritises cost efficiency

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More