THE Zambia Revenue Authority (ZRA) has yet again extended the Tax Payer Identification Number (TPIN) registration deadline from June, 30 2018 to December 31 2018.
ZRA Commissioner General Kingsley Chanda extended TPIN registration deadline from June 30 2018 to December, 31 2018 following consultations with stakeholders that included the Bankers Association of Zambia (BAZ).
Mr Chanda said to this effect, ZRA would also engage with the other institutions on the enhanced enforcement of TPIN requirement as stipulated by the Law.
He said in a statement released in Lusaka today that members of the public were therefore encouraged to use the simplified online registration process which was quick and convenient.
“All those that obtained TPINs must ensure they deliver them to their respective banks as soon as possible.
“The law requires that a TPIN is used when making vital transactions with; ZRA for imports and Exports, Ministry of lands for Property registrations and Transfers, Road Traffic and Safety Agency (RTSA) for Motor Vehicle Registration and Change of Ownership,” Mr Chanda said.
He said the TPIN could also be used when making transactions with ZESCO for New applications for power connection and all Banks and Financial institutions for opening or maintaining an account.
Mr Chanda further clarified that the objective of the TPIN registration was to ensure that there was an inclusive and comprehensive tax register in the country.
“The TPIN requirement is not only peculiar to Zambia but a global practice,” he said.