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‘Tax compliance a strategic tool’

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COMPANIES must treat tax compliance as a strategic tool that supports sustainable business performance and broader economic development, The Financial Gazette’s general manager sales and marketing has said ahead of the publication’s Annual Tax Review Breakfast Meeting on Friday.

Chirikuutsi said the Harare event, to be held under the theme “Tax Compliance as a Catalyst: Fuelling Inclusive Growth”, comes at a critical moment as firms adjust to new tax regulations against a backdrop of sustained economic pressure.

“This breakfast meeting positions tax compliance at the centre of national development and private-sector sustainability,” he said yesterday.

“We aim to bring thought leaders together to examine the real impact of fiscal policy on growth-oriented, compliant businesses.”

The annual tax review meeting had become one of Zimbabwe’s leading platforms for fiscal dialogue, attracting policymakers, industry experts, and business leaders to discuss the country’s tax landscape and emerging economic trends.

The meeting would provide practical insights into corporate tax compliance, value-added tax adjustments, incentives, and the evolving regulatory environment, highlighting how improved adherence can broaden the revenue base and create a fairer playing field for all market participants.

Chirikuutsi emphasised the event’s enduring value in facilitating direct engagement between regulators and the private sector.

“Business executives, tax consultants and financial managers do not just need to understand tax policy, they need space to interrogate it, respond to it and help shape future reforms,” Chirikuutsi said.

“That is how you build a culture of compliance that supports inclusive growth rather than fear-driven compliance.”

Delegates would hear from government officials, gaining first-hand insights into fiscal strategies and their alignment with wider economic reform objectives.

Discussions would explore enforcement trends, voluntary compliance initiatives, and how businesses can leverage incentives while maintaining robust compliance frameworks.

Partnering with key stakeholders such as the Zimbabwe Revenue Authority, the Institute of Chartered Accountants of Zimbabwe, the Zimbabwe Institute of Tax Accountants, City Parking, and financial advisory firms, The Financial Gazette aims to ensure that discussions are technically grounded, policy-relevant, and solution-oriented.

“Businesses must stay ahead of regulatory developments and view compliance as a strategic pillar rather than a back-office function,” Chirikuutsi said.

“Our goal is to equip industry players with the knowledge they need to make informed financial and compliance decisions, strengthening transparency and ultimately supporting inclusive economic growth.”

The Financial Gazette is the country’s number one business publication and prime voice for industry and commerce.

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