Tag: Policy and advocacy

The recent changes to Zambia’s Turnover Tax (TOT) regime are set to have widespread implications for businesses, particularly small and medium enterprises (SMEs). The Zambia Revenue Authority (ZRA) has increased the Turnover Tax rate from 4% to 5% and expanded the threshold from K800,000 to K5 million. These adjustments mark a significant shift in the… Continue reading POLICY AND ADVOCACY UPDATES