Madokero TAX Consultancy

Madokero TAX Consultancy Madokero Tax Consultancy is a Financial services provider.

Services
•Tax Registration & Management
• Bookkeeping
•Company Registrations
• Asset Tracking and Management
•Payroll Management

03/03/2026

Dear Valued Customer,

Following the publication of Statutory Instrument 108 of 2025, the Government of Zimbabwe now requires all Companies and Private Business Corporations that were registered before the introduction of the new electronic registry system in February 2024 to undergo a mandatory re-registration process with the Company Registry.
The Ministry of Justice, Legal and Parliamentary Affairs has officially set 20 April 2026 as the final deadline for completion of this re-registration exercise

Please get in touch for assistance

14/01/2025

As per the 2025 budget presentation by the Minister of Finance, it has been proposed that effective 1 January 2025, all returns will be due five (5) days before the payment date and the penalty for late submission of returns will be reviewed to US$30 per day.

06/12/2024

Outstanding Returns and Payment of Taxes

As per the 2025 budget presentation by the Minister of Finance, it has been proposed that effective 1 January 2025, all returns will be due five (5) days before the payment date and the penalty for late submission of returns will be reviewed to US$30 per day.

Need a Tax clearance renewal?No need to worry!! Our team of tax experts will interface directly with the relevant author...
03/07/2024

Need a Tax clearance renewal?

No need to worry!! Our team of tax experts will interface directly with the relevant authorities to get your clearance renewed quickly and compliantly. No more waiting weeks or dealing with bureaucratic red tape. Our automated system ensures a streamlined process from start to finish. You'll receive your renewed tax clearance certificate within 48 business hours, guaranteed. Experience the convenience of instant tax compliance - contact us today to get started.

12/03/2024

Tax Agent Module

Now that ZIMRA has Phase 2 of the TARMS "Tax agent Module" what is it? what does it mean for an ordinary Tax payer and what are the implications ?

Madokero TAX Consultancy has all the answers

Tax agents are professionals, such as accountants or tax consultants, authorized to represent taxpayers in their dealings with ZIMRA. They assist individuals and businesses in meeting their tax obligations and ensuring compliance with tax laws and regulations. The Tax agents need to register with ZIMRA and obtain a Tax Agent Number (TAN) to access the module. The registration process involves providing relevant information and documentation to verify their credentials.

The key features of the ZIMRA Tax Agent Module include
- Client Management:
- Tax Returns and Filings
- Payment Processing
- Communication and Notifications
- Compliance Monitoring
- Reporting and Analytics

Tax Payers are now required by law to assign a Tax agent to manage tax issues on behalf of its client. Only if an internal accountant is a registered TAX agent with ZIMRA is the firm permitted to engage the accountant to handle its tax affairs. In the case that the in-house Accountant does not qualify to be a tax agent, the company will outsource from the registered Tax Agents provided by ZIMRA.

Madokero TAX Consultancy has qualified Tax Accountants that can assist clients with ZIMRA's Tax Agent Module by offering expert guidance on tax compliance, preparing and submitting accurate tax returns, monitoring clients' compliance status, facilitating timely payments, and utilizing the module's features to streamline tax administration processes for individuals and businesses. Contact us now on 077 427 0035 or email us at [email protected] and get the tax counselling you need.

Call now to connect with business.

02/01/2024

Gore richitanga gara waita Tax clearance!!

Get in touch now on 0774270035 for assistance with Tax issues.

Merry Christmas to all our valued customers
25/12/2023

Merry Christmas to all our valued customers

01/12/2023

2024 Nation budget Update

The following amendments have been proposed:
- Widening of ZWL PAYE tables to ZWL9,000,000 for the year
- Increase tax-free ZWL of the bonus threshold from ZWL 500,000 to ZWL7,500,000 (With effect from 01 November 2023).
- Increase of the corporate income tax rate from 24% to 25%
- Increase in the deferment of VAT on capital goods to 3 years and introduction of penalties on any default.
- Introduction of a special 20% capital gains tax on the disposal/transfer of mining title/interest post 1 January 2024, where such and title/interest was acquired in the previous 10 years
- Adjustments to the definition of transactions on which IMTT is chargeable.- -- The WHT exemption threshold for delivery of grain to GMB is set at US$5,000
- Introduction of a Schedule to the Income Tax Act for the Statutory Motor Insurance Levy.
- Insertion of a section in both Finance Act and Exchange Control Act on Outbound foreign currency charge
- Export tax on un-beneficiated lithium uncut and cut dimensional stone to increase from 5% to 6%. The 50% of the 1% increase will be utilised to provide local communities with basic services, improve conditions and rehabilitation of the mining area.
- CGT and IMT exemption on received the for compensation expropriation of a specified assets if recipient listed in Schedule 1 to the Global Compensation
(Commercial Farmers)

01/12/2023

2024 Tax Clearance certificates will only be issued via Tax Revenue Management System (TaRMS).

As a result, the following advice is given to taxpayers:

1. Payments will not be accepted without matching returns.
2. In order for the funds in the single account to be recognized and deposited to the taxpayer's TaRMS account, a Tax Return for the relevant tax liability is required. This means that in order to settle a tax obligation, a tax return must always be submitted right away after tax payments are made into the Single account.
3. Payments that are not accompanied by the filing of tax returns will stay in the single account until the return is filed, at which point they will be recognized as a tax payment.

Get in touch with us now and we will help you apply for the 2024 Tax Clearance Certificate
Call/ whatsapp 071 726 4824
Email [email protected]

01/12/2023

Company Registration within 5 working days plus Tax Clearance Certificate as Bonus!!

Are you looking to register your company in Zimbabwe quickly and efficiently? Look no further than Madokero Tax Consultancy!

We offer fast and reliable company registration in Zimbabwe, with a guarantee that your company will be registered within 5 working days. Our team of experienced professionals will guide you through the entire registration process, ensuring that all the necessary documentation is completed accurately and efficiently.

We understand that starting a business can be a complex and time-consuming process, which is why we strive to make it as easy and stress-free as possible. With Madokero Tax registration services, you can focus on developing your business plan and strategy, while we take care of the legal and administrative aspects of registration.

We offer a range of company registration packages to suit your needs and budget, including registration of private limited companies, public limited companies, and partnerships. Our services include
- assistance with name reservation,
- preparation of incorporation documents,
- and submission of the application to the Registrar of Companies.

So why wait? Contact us today to learn more about our company registration services in Zimbabwe and get started on your entrepreneurial journey.

Address

Harare

Telephone

+263774270035

Website

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