Zambia Revenue Authority “Amnesty Initiative” Scopes 384 Million in Collections and 267,707 in applications.
The exceptional program aimed at helping taxpayers put their liabilities behind them has collected 384 million kwacha and received 267, 707 applications as at 30th June 2017.
The Amnesty initiative gives individuals and businesses the opportunity to have 100 percent interests and penalties waived off by simply paying the principal taxes.
Taxpayers have a great opportunity to start afresh and be compliant with the tax authority by applying for the tax amnesty. It is very important to reminisce that back taxes do not go away and that burden will continue to follow you and grow as long as you do not comply.
Monday 31st July 2017 is the final opportunity for taxpayers to settle their tax debt and take advantage of tax amnesty which started on 24th April 2017.
ZRA is cognizant that the liquidity of most taxpayers is not very good and those who are unable to settle the principal taxes immediately have an opportunity to enter into time-to-pay agreements (TPA) and spread the payments up to December 2017.
In order to ensure that more people are helped, ZRA will conduct a National Tax Amnesty Week from 17th to 21st July, 2017 in 12 different towns namely: Chingola, Chinsali, Chipata, Choma, Kabwe, Kasama, Kitwe, Livingstone, Lusaka, Mongu, Ndola and Solwezi.
ZRA recommends that clients use the portal on the website to apply for the amnesty.