Choosing the right tax regime is a critical decision for any SME in Zambia. The choice affects cash flow, reporting obligations, ability to claim input VAT, and long-term growth plans. This guide explains the key differences between Turnover Tax and Income (Corporate) Tax, highlights which businesses typically benefit from each option, and provides practical steps […]

Value Added Tax (VAT) plays a significant role in Zambia’s tax system and directly affects cash flow for many businesses. While VAT is designed to be tax-neutral for registered businesses, delays or errors in claiming VAT refunds can strain operations, especially for exporters, manufacturers, and capital-intensive projects. Understanding how to correctly claim VAT refunds in […]

Choosing the right tax regime is a critical decision for any SME in Zambia. The choice affects cash flow, reporting obligations, ability to claim input VAT, and long-term growth plans. This guide explains the key differences between Turnover Tax and Income (Corporate) Tax, highlights which businesses typically benefit from each option, and provides practical steps […]