
Zimra registers 21 643 new tax payers
THE Zimbabwe Revenue Authority (Zimra) says a total of 21 643 enterprises were registered as new tax payers in the year 2020 as the Government’s efforts to widen revenue collection bear fruit.The tax authority managed to collect annual net revenue of ZW$181,96 billion against the target of ZW$171,9 billion last year, representing 5,85 percent above target.This result presented a real growth of 74,93 percent compared to 2019 collections after adjusting for inflation, said the tax authority.In a strategic performance summary report presented to stakeholders during the Zimra annual general meeting that was held virtually last Thursday, Acting Commissioner General, Mr Rameck Masaire, said widening the tax base was critical towards oiling national development.“The authority continued with its drive of broadening the tax base through new registrations. Active taxpayer education and…