Mishma Chakanyuka, Staff Writer 
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INDEPENDENT accounting and business advisory firm Baker Tilly has welcomed the government’s decision to reduce the Intermediate Money Transfer Tax (IMTT) while increasing Value Added Tax (VAT), saying the measures will benefit ordinary citizens. Effective January 1, 2026, Zimbabwe’s IMTT on ZiG-denominated transactions was reduced to 1,5 percent, while the standard VAT rate increased from…
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