ZRA Urges Taxpayers to Clear Their Arrears By 31st December

Zambia Revenue Authority (ZRA) has urged taxpayers to pay off all outstanding tax arrears by 31st December, 2024 to avoid penalties and interest associated with non-compliance.

Authority Corporate Communications Manager Oliver Nzala, emphasized the need for taxpayers to respond to the call, warning that those who fail to comply by the 31st December, 2024, deadline risk accumulating interest on their existing liabilities.

Mr. Nzala also advised taxpayers who are facing cashflow challenges in settling the arrears at once, to engage ZRA to enter a Time to Pay Agreement (TPA) which enables them to pay their principal tax in monthly instalments.

“The financial year is coming to an end, as you know, and there are some obligations that as a taxpayer, you must fulfil. That is submitting tax returns and payment of outstanding taxes to avoid being penalized. Therefore, ZRA will ensure that there is enough support for the taxpayers as we draw closer to 31st December, 2024.”

“However, taxpayers are urged to file tax returns and make payments now to avoid last minute rush that comes around on the 31st December deadline,” Mr. Nzala stated.
He also reminded traders that they will need to be tax compliant for them to renew their trading license or permit from the Local Councils in 2025.

“To provide extra support to taxpayers, ZRA service centres and the contact centre are available and taxpayers can reach out for services.”

“The Authority would like to thank taxpayers for tirelessly contributing taxes for national development, a cause that uplifts the lives of all Zambians,” he said.