Ministry of Finance seeks to tackle VAT fraud via electronic invoicing The southern African state of Zambia is set to become the latest state to implement electronic invoicing. The aim is to expunge Value Added Tax fraud being committed via fake input invoices. In addition,
Standard VAT rate returned to 15% from 14.5% 1 January 2023 following COVID In its 2023 Budget, Zimbabwe has returned its standard VAT rate to 15%. It was originally cut to 14.5% at the start of 2020. This was done to help households during the
Zimbabwe imposed Value Added Tax on digital and broadcast services provided by non-resident providers or marketplaces to its consumers and businesses from 1 January 2020. This requires a VAT registration once over the VAT registration threshold, with the appointment of a resident Fiscal Representative. The
