By Staff Reporter
The Zimbabwe Revenue Authority (Zimra) collected a record $108,93 billion in taxes and duties second quarter of 2021, exceeding targeted collection by for the quarter, which was $93,93 billion, by 15,96 percent.
The government tax agency attributed the increase to tightened enforcement of tax laws and revenue enhancement activities.
All taxes registered positive growth. Zimra paid out refunds of $2,29 billion during the quarter, leaving the net revenue at $106,64 billion.
Cumulatively, the net taxes and duties collected reached $195,18 billion by the end of last month, taking into account the refunds of $4,64 billion.
With a target of $180 million, Zimra managed to collect 8,16 percent more.
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