Farm workers’ allowances increased

Farm workers’ allowances increased   14/2/2019 The Herald Business Reporter FARM workers will have a little cheer after their employers increased their accommodation, transport, fuel and light allowances with effect from January 1, 2019. The allowances were reviewed following months of negotiations as both farmers and employees sought ways to cushion the latter against the …

Environmental Impact Assessment questions

Environmental Impact Assessment questions   13/2/2019 The Herald How long does it take to review an EIA study? The law provides that a response to the submission of an environmental impact assessment report should be done within sixty (60) working days. However, to promote the ease of doing business, the response is being given within …

Government approves labour migration policy

Government approves labour migration policy   11/2/2019 The Chronicle Sifelani Tsiko, Harare Bureau Cabinet has approved the National Labour Migration Policy (NLMP) which has been formulated to make it easier for lower skilled people to seek work abroad and offer them social protection, while at the same time strengthening mechanisms for harnessing remittances for economic …

Understanding Specified Assets for the purposes of calculating Capital Gains Tax

Understanding Specified Assets for the purposes of calculating Capital Gains Tax   7/2/2019 The Chronicle What is Capital Gains Tax? CAPITAL Gains Tax (CGT) is tax that is levied on the capital gain arising from the disposal of a specified asset. Capital gains tax is administered through the Capital Gains Tax Act [Chapter 23:01]. What …

Tax concessions applicable to elderly persons

Tax concessions applicable to elderly persons   31/1/2019 The Chronicle PERSONS aged 55 years or above are considered as elderly persons for Income Tax purposes and they are eligible to a number of tax concessions. Tax concessions for the elderly provide relief either by reducing the tax payable or removing the tax altogether. Such concessions …