Zimra introduces measures to counter competition from informal traders in the value chain

Harare- ZIMRA has reviewed policies to protect value chain intergrity and transparency and to countrr unfair competition by informal traders.

In a statement Zimra said:

“Our valued taxpayers are hereby notified that in terms of Finance (No. 2) Act 13 of 2023 the Minister of Finance, Economic Development and Investment Promotion introduced measures to protect value chain integrity and transparency and to counter unfair competition by informal traders. Informal traders are encouraged to register with ZIMRA using the mytaxselfservice.zimra.co.zw platform and be tax compliant. The measures in the Finance Act are summarised in the table below: