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Employers are required to extract from their payrolls the ITF 16 Return and submit to ZIMRA by January 30, 2020. The ITF16 is the return for employment income which is based on remuneration paid in in 2019.
2019 year of assessment has two tax periods January to July and August to December. Separate ITF16 returns must be submitted for the two periods. The returns for the two periods are submitted in RTGS.
Employers who paid remuneration in foreign currency in the period August to December 2019 are required to submit their ITF16 Return in foreign currency.
The ITF16 indicates the following information:
- Employee number;
- National Registration number of employees;
- First name
- Surname
- Salary
- Bonus
- Gratuity
- Other income earned
- Pension deductions
- Membership Subscriptions paid to business, trade, technical or professional association
- Medical aid contributions
- Medical expenses
- PAYE paid
NB: The factors listed above are for guidance but the ITF16 must have all the types of remuneration, deductions, and credits for the year.
Submission
The following e-mail addresses should be used to submit the ITF16 Returns:
My Taxes, my Duties, Building my Zimbabwe!
Disclaimer This article was compiled by the Zimbabwe Revenue Authority for information purposes only. ZIMRA shall not accept responsibility for loss or damage arising from use of material in this article and no liability will attach to the Zimbabwe Revenue Authority.
To contact ZIMRA: WhatsApp line +263 782 729 862. Visit our website: www. zimra.co.zw. Follow us on Twitter: @Zimra_11 Like us on Facebook: www.facebook.com/ZIMRA.11. Send us an e-mail: [email protected]/[email protected] Call us (Head Office): 0242-758891/5; 790813; 790814; 781345; 751624; 752731
