Domestic supplies (Zimbabwe)
On 5 April 2024, Zimbabwe replaced the Zimbabwean dollar (ZWL) with a new local currency, the Zimbabwe Gold (ZWG). All ZWL balances were translated into ZWG as at that date.
Any business making taxable supplies of goods or services in Zimbabwe that exceed the taxable turnover threshold of USD 25,000 or ZWG equivalent in a 12-month period (under the retrospective view), determined from the end of each calendar month, has a statutory obligation to register, charge and account for VAT in Zimbabwe.
A Zimbabwe VAT registration is also permitted on a voluntary basis where taxable turnover for the next 12 months is expected to exceed USD 25,000 or
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Web page updated on 17 Mar 2025 15:13