Zimra surpasses Sept collections

Zimra surpasses Sept collections
Published: 06 October 2017
The Zimbabwe Revenue Authority (Zimra) surpassed its revenue target by 14,34% in September, with net collections of $373,23 million on the back of tax compliance.

The net collections target was $326,49 million. Net collections for the month were 6,06% up from the $352 million realised in the same period last year.

It said gross collections, at $388,65 million, were 19,04% above target. Refunds for the month stood at $15,33 million. Zimra said measures to enhance operational efficiency and effectiveness to boost collections and safeguard revenue were bearing fruit.

Zimra is rolling fiscal gadgets to increase compliance by companies. It is also pursuing a new virtual system to connect companies and Zimra.
- newsday
Tags: Zimra,


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