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ZRA EXCEEDS MID-YEAR TARGET BY K2.1BN

The Zambia Revenue Authority (ZRA) has recorded an above-target revenue performance in the first half of the year 2022 after collecting a net tax outturn of K48, 307.9 million against the period target of K46, 203.9 million, thereby registering a surplus of K2, 104.0 million or 4.6 percent. ZRA Commissioner General Dingani Banda has said,Continue reading “ZRA EXCEEDS MID-YEAR TARGET BY K2.1BN”

EXPECTED TAXATION PRONUONCEMENTS: In the National Budget 2022

By John Moono A tax is a compulsory contribution to state revenue, levied by the government on workers’ income and business profits, or added to the cost of some goods, services, and transactions. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirectContinue reading “EXPECTED TAXATION PRONUONCEMENTS: In the National Budget 2022”

Musokotwane tasks Banda reduce queues at tax paying points remove chaos at all borders

Finance and National Planning Minister Situmbeko Musokotwane today hosted a strategic visioning meeting for top management of the Zambia Revenue Authority (ZRA). The minister took the opportunity to congratulate newly appointed Commissioner General Dingani Bandaand urged him to oversee the establishment of a tax administration system which has the resilience to meet the aspirations ofContinue reading “Musokotwane tasks Banda reduce queues at tax paying points remove chaos at all borders”