TAX MATTERS: The new VAT WHT law and the Zambian experience

725

https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-267537.mp3?cb=1732288710.mp3THE government has through Finance Act 2 of 2020 gazetted a new Valued Added Tax Withholding Tax (VAT WHT) rate, which will see its agents withholding 100 percent of VAT charged to them. This is with effect from this year. VAT WHT is collected by persons who have been appointed agents by the Zimbabwe Revenue…