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BizDay Zimbabwe

Zimra honours top taxpayers

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AT least 81 companies from across the country received awards for religiously paying their taxes during the Zimbabwe Revenue Authority’s taxpayer appreciation day held in Harare on Monday.

The companies were awarded prizes in different categories which included the large-scale remitters, small to medium enterprises remitters and top remitters in the customs and excise category which was sub-categorised into Value Added Tax remitters, Pay as You Earn and Income Tax remitters.

There were two other categories for the highest contributors and highest growth rate achievers in the customs and excise environment and domestic taxes environment.

Winners were selected from Zimra’s four regional branches in the country, namely Harare Region 1, Bulawayo Region 2, Masvingo Region 3 and Beitbridge Region 4.

The Postal and Telecommunications Regulatory Authority of Zimbabwe was the best VAT contributor in Region 1 large clients category while Group Five International was number two and British America Tobacco was in third place.

In Region 2 the top prize in the VAT category went to Portland Holdings followed by Treger Products (Pvt) Ltd and JR Goddard Contracting (Pvt) Ltd.

In the Region 3, Zimbabwe Bata Shoe Company was voted the best remitter of VAT followed by Mutare Bottling Company and Sino Zimbabwe (Pvt) Limited in third place.

In the PAYE category for large clients Zimasco (Pvt) Ltd scooped the first prize in Region 1 while the second prize went to Portland and the third prize was won by FBC Bank Limited.

In Region 2, the first prize was awarded to the National University of Science and Technology while the second prize went to Portland and the third prize was given to JR Goddard.

In Region 3 Mimosa Mining Company was the winner followed by the Midlands State University and then Triangle Limited.
The company that came tops in Region 1 in the large clients Income Tax category was CBZ Bank Limited followed by Stanbic Bank Zimbabwe and Standard Chartered Bank.

In Region 2 Blanket Mine landed the top prize while Treger Products was second and Edgars Stores was third.
The first prize in the SME VAT category for Region 1 was Forever Living Products South Africa, followed by China Internal Water and Electric Corporation (Pvt) Ltd was second and Dobsai Investments was third.

In Region 2, the top prize in the SME VAT category was scooped by Gold Medal which beat Clothing Industry and Pension Fund and Letaba Zimbabwe which were in second and third positions respectively.

Highwel Computers (Pvt) Ltd won the first prize in Region 3, while Extra Hill Investments (Pvt) Ltd was second and Summit Distributors (Pvt) Ltd was third.

High Voltage Construction (Pvt) Ltd landed the first prize in the SME PAYE category for Region 1 while the Hindoo Society was number two and the British Council Zimbabwe was number three.

Petra High School was the best PAYE contributor in Region 2 followed by Masiyepambili School Trust and NIMR and Chapman (Pvt) Ltd third.

The top prize in Region 3 went to Reeldon Investment (Pvt) Ltd which beat Weto Transport and Veddette Trading (Pvt) respectively.
In the SMEs Income Tax category, Total Marketing Zimbabwe was number one in Region 1, followed by Comox Trading (Pvt) Ltd and City Centre Properties (Pvt) Ltd.

Chrissfontein Marketing scored the first position in Region 2 ahead of Autoworld and ER York and Company. In Region 3, Fairline Investments (Pvt) Ltd earned the first spot followed Njanike Construction (Pvt) and Simrac Enterprises (Pvt) Ltd.

The best remitters in terms of customs and excise duty were Nissan Zimbabwe Region 1, At The Ready Wholesalers Region 2, Innscor Credit Retail (Pvt) Ltd Region 3 and Mimosa Mines Region 4.

Redan Petroleum was the best overall remitter in terms of excise duty. The highest contributor in both the domestic taxes and customs and excise duties was Total Zimbabwe while the company that registered the highest growth rate in both the domestic taxes and customs and excise remittances was Stanbic Bank Zimbabwe Limited.

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