💼 Over the past few years, ZIMRA has tightened tax compliance, even among Small and Medium Enterprises. However, most sales are still in cash, leading many small businesses to underreport their earnings. Tuckshops and vendors often do not issue receipts for these transactions. For those that do, prices may increase by 15% if VAT is involved, as the final consumer ultimately pays VAT, not the business. This situation gives consumers little incentive to request a FISCAL invoice. Typically, only businesses have a motive to ask for such invoices, particularly if they are VAT registered. Stay updated by joining our WhatsApp Channel: https://whatsapp.com/channel/0029Va7TvgnFSAtC7qL6Vi3x 📲 #zimra #taxcompliance #smallbusiness #vat #zimbabwe