Presumptive Tax is a form of assessing tax liability using indirect methods such as income reconstruction or by applying base-line taxation across the entire tax base. Presumptive methods of taxation are effective in reducing tax avoidance as well as equalizing the distribution of the tax burden.
As such, Government introduced Presumptive Tax to broaden the revenue base in view of the increase in informal business activities.
Effective 1st January 2015, ZINARA was appointed collection agent for motor vehicle and other related users. Details relating to the current rates and due dates of the various categories are shown below: