05/11/2024
BE TAX COMPLIANT TO AVOID ANY INCONVENIENCES
Traders that want to get a trading license or permit from the Local Councils in 2025, they will need to be tax compliant before the permit or license is renewed.
ZRA RALLIES TAXPAYERS AHEAD OF DECEMBER 31
The Zambia Revenue Authority has called on taxpayers to take interest in ensuring that they pay off all outstanding tax arrears by 31st December, 2024 to avoid penalties and interest associated with non-compliance.
Taxpayers facing cashflow challenges in settling the arrears at once can engage ZRA to enter a Time to Pay Agreement (TPA) which enables taxpayers to pay their principal tax in monthly instalments.
ZRA Corporate Communications Manager Oliver Nzala has also reminded traders that to get for a trading license or permit from the Local Councils in 2025, they will need to be tax compliant before the permit or license is renewed.
βThe financial year is coming to an end, as you know, and there are some obligations that, as a taxpayer, you must fulfil. That is submitting tax returns and payment of outstanding taxes to avoid being penalized. Therefore, ZRA will ensure that there is enough support for the taxpayers as we draw closer to 31st December, 2024. However, taxpayers are urged to file tax returns and make payments now to avoid last minute rush that comes around on the 31st December deadline,β Mr. Nzala stated.
He has urged taxpayers to respond to the call warning that those who fail to comply by the 31st December, 2024 deadline risk accumulating interest on their existing liabilities.
To provide extra support to taxpayers, ZRA service centres and the contact centre are available and taxpayers can reach out for services.
The Authority would like to thank taxpayers for tirelessly contributing taxes for national development, a cause that uplifts the lives of all Zambians.