Trusts & ZIMRA Compliance: What You Need to Know

Are Trusts in Zimbabwe truly exempt from tax? With the recent ZIMRA public notice, many entrepreneurs and Trustees are discovering that the rules are stricter than they thought.In this episode of The Entrepreneur's Corner, Dr. Ethel Mupambwa (MoneyMart Finance) sits down with Shamiso Mangwengwende (Managing Partner, Phillips Law) to break down exactly what you need to know about Trust taxation and ZIMRA compliance. We cover common misconceptions, legal responsibilities, and the steps you must take to ensure your Trust remains compliant.In this episode, we cover: Introduction to the ZIMRA Trust Compliance Notice Are Trusts automatically tax-exempt? Common myths Core tax obligations & record-keeping for Trustees What to do if your Trust has never filed returns Trustee legal responsibilities & personal liability Which Trusts are affected by the new notice? #ZimbabweBusiness #ZIMRA #TrustTaxation #Entrepreneurship #ZimbabweTax