Tax Reports

Learn how to use tax reports for ZIMRA compliance.

Available to:
Business Owner Manager

Purpose of Tax Reports

Why tax reports matter for your business.

ZIMRA Compliance

Track VAT collected to ensure accurate reporting to ZIMRA.

VAT Reconciliation

Verify that collected tax matches fiscalized amounts.

Tax Planning

Understand your tax obligations and plan accordingly.

Audit Preparation

Generate reports for tax audits and inspections.

Tax Report Contents

What's included in your tax reports.

Tax Report Summary
app.vasbox.co.zw
Total Tax Collected
$6,784.50
Taxable Amount
$45,230.00
Effective Rate
15%
Tax Category Rate Taxable Amount Tax Amount
Standard (A) 15% $40,000.00 $6,000.00
Zero Rated (B) 0% $3,730.00 $0.00
Exempt (C) 0% $1,500.00 $0.00
Special Rate (D) Varies $0.00 $0.00
Total $45,230.00 $6,000.00
Tax collected by category

Understanding Tax Categories

ZIMRA tax category explanations.

A
Standard Rate (15%)

Most goods and services fall under this category. Default rate for general sales.

B
Zero Rated (0%)

Exports, basic food items, and certain essential goods. Tax rate is 0% but must still be reported.

C
Exempt

Completely exempt from VAT. Includes certain financial services and educational services.

D
Special Rate

Special rates for specific industries or goods as designated by ZIMRA.

Correct Category Assignment

Ensure products are assigned to the correct tax category. Incorrect categorization can lead to compliance issues with ZIMRA.

Using Reports for ZIMRA Compliance

How to use tax reports for regulatory requirements.

Monthly Reconciliation

Generate monthly tax reports to reconcile with ZIMRA submissions.

Quarterly Reporting

Prepare quarterly summaries for VAT returns and compliance checks.

Annual Summaries

Generate annual reports for year-end tax filings and audits.

ZIMRA Expectations

ZIMRA expects accurate reporting of all fiscalized transactions. Your tax reports should match the data submitted through FDMS.

Common Tax Report Questions

Answers to frequently asked questions.