Erasmusm Software Consultancy P/L

23/10/2024

We have installed cakephp, we can bake your apps whilst you are waiting!

04/06/2024

With Daily News – I just made it onto their weekly engagement list by being one of their top engagers! 🎉

12/05/2021

Accountants need a social life as well, automate accounting functions and the associated activities, give us a call!

30/03/2021

Automate your customer relationships, business processes and your accounting books, all in one!!

11/03/2021

Did you know: That in Zimbabwe, the loan benefit tax is 15%, since January 2021. This means if one gets a loan from ones employer with interest rate less than 15%, the difference is taxable income!

Send a message to learn more

31/01/2021

ZOHO Authorised partner for finance and business automations!

24/07/2020

Transfer pricing: Two tests to be conducted, the doctrine of sham, and the appropriate method test! Here is the decision tree!

17/07/2020

Zimbabwe tax developments!

PAYE!

Taxable earnings brackets to start from ZWL5001 from 1st August 2020. Check your payroll configurations ahead of time!

VAT!

Domestic tourists' accommodation will be exempt from VAT from 1st August 2020.

VAT-Transaction currency!
VAT invoices to reflect and report transactions currency- Fiscal devices to be geared for that come 1st of August 2020!

Banks!
Intermediated money transfer tax (IMTT) will apply foreign currency transactions as well from 1st August 2020. The maximum tax will be USD2,000 and transactions not exceeding USD5 will be exempt.
For ZWL transactions, maximum IMTT will be ZWL50000, and transactions not exceeding ZWL300 will be exempt.

Is your ICT system geared?
........more insight

Contact us for more details

update

05/07/2020

Payroll compliance!

To all employers: NSSA NPS maximum insurable earnings are now at $5,000ZWL from June 2020!