Thu, 14 Dec 2017 12:15:50 +0000 By Buumba Chimbulu THE Zambia Revenue Authority (ZRA) has far collected K4.8 billion from Time to Pay Agreements which are as a result of the tax amnesty on interest and penalties launched in April this year meant to assist taxpayers clean their tax books. Between April 24th and August 31st , 2017, taxpayers were given a chance to clean their tax books through the amnesty exercise but while others were unable to pay the full amount during that period, they signed Time to Pay Agreements with ZRA which allowed them to go up to June 30th 2018 in making payments. ZRA commissioner-general, Kingsley Chanda, said they expect to collect around K5 billion to K6 billion from the exercise by June 30th 2018. “We have K4.8 billion and the payments continue coming through and our last payments are expected by 30th June 2018. So we are hoping that at the […]
