I.T.F.

12 C
ZIMBABWE REVENUE AUTHORITY

INCOME TAX SELF ASSESSMENT RETURN

Income Tax Act, (Chapter 23:06)
2021
Tax Year Ended 31 December ¬¬¬
This return should be completed by all persons earning income from trade and investment and specified to be
on self-Assessment

GENERAL INFORMATION
Type of declarant (tick the applicable)

Company

Sole Trader

1. Name of client Marasi IIGTM Investments (Pvt) Ltd Marasi IIGTM Investments

2. Business Partner Number 0200255888

3. Physical Address 5917, Mkoba, Gweru, Midlands, Gweru, Zimbabwe

4. Postal Address 5917 Mkoba, GWERU, Gweru, Midlands, Gweru, Zimbabwe

5. Tax Period YR21

7. Email Address [email protected]

8. Cell Number 0773536292

DETAILS PER ACCOUNTS

DETAILS ACTION
1. Turnover (local) 25,247,472.60

2. Turnover (export) 0.00

3. Other Income (total) 0.00

4. Total Income (1+2+3) 25,247,472.60

Cost of Sales (5.1+5.2-5.3) 21,381,214.66

5.1. Opening Stock 0.00

5.2. Purchases (Cost of production) 21,638,464.66

5.3. Closing Stock 257,250.00

5.4. Gross Profit (4-5) 3,866,257.94

5.5. Other Total Receivables (e.g. Rentals, Interest) 0.00

6. Total Income (5.4 + 5.5) 3,866,257.94

7. Expenses (excluding interest & tax) 3,581,015.64

 7.1. Total Employment Costs 168,044.70
(Salaries & Wages)
7.2. Other Operating Costs 3,412,970.94

7.3. Directors Fees 0.00

7.4. Foreign Payments 0.00

7.5. Foreign Interest 0.00

7.6. Donations - Medical 0.00

7.7. Donations - Education 0.00

7.8. Donations - Research Institution 0.00

7.9. Donations - National Bursary Fund 0.00

7.10. Donations - National Scholarship Fund 0.00

7.11. Donations - Homeless Fund 0.00

7.12. Donations - Public Private Partnership 0.00

Fund
7.13. Donations - Charitable Trust 0.00

7.14. Expenditure on attending conventions 0.00

7.15. Exempt Interest 0.00

7.16. Other Exempt Income 0.00

Total Expenses 3,581,015.64

8. Net Profit Before Interest and tax (6-7) 285,242.30

9. Interest (expense) 0.00

10. Net Profit before tax (8-9) 285,242.30

11. Income Tax (Provisional) 0.00

12. Net Profit/Loss (10-11) 285,242.30

13. Opening Value of Assets* 326,520.00

14. Closing Value of Assets* 761,800.00

15.Capital Employed (Total Shareholders¶Funds)* 761,800.00

*13,14,15 are information items only
TAX COMPUTATION
DETAILS ACTION
16. Net Profit/Loss before tax (box 10) 285,242.30
17.Total Non Deductible Expenditure 0.00
18.Subtotal (16+17) 285,242.30

19. less Deductions (19.1+19.2) 0.00

19.1. Total Capital Allowances 0.00

19.2. Total Non Taxable Income 0.00

20. Taxable Income/Loss (18-19) 285,242.30
21.Assessed loss b/f 0.00
22. Taxable Income/Assessed Loss of the Year (20-21) 285,242.30

23. Tax on Taxable Income (Apply appropriate rate) 71,310.57

24. Total Tax Relief(if any)24.1.+24.2 0.00
 24.1. Tax Credits 0.00
24.2.Double taxation relief 0.00 Tax Due After Credits
25. Tax Due After Tax Credits (23 less 24) 71,310.57
26. add Aids Levy ( box 25 x 3%) 2,139.32
27. Tax chargeable (25 add 26) 73,449.89
28. less Prepayments (28.1+28.2+28.3) 0.00
28.1. Withholding Amounts on 0.00
Contracts Section 80
28.2. Withholding Tax on Directors Fees 0.00
28.3.1. Other tax paid 0.00
28.3.2. Other tax paid 0.00
28.3.3. Other tax paid 0.00
28.3.4. Other tax paid 0.00
28.3.5. Other tax paid 0.00

29. Tax Payable (27 less 28) 73,449.89

30.Provisional Tax Paid (QPD Instalments) 0.00 Declared amount (of amounts
paid) for information purposes

31. Shortfall / Overpayment (delete inapplicable (29 less 30) 73,449.89

32. Interest 0.00

GENERAL INFORMATION
Did you trade with any foreign related companies/businesses during the tax year for which this
return relates? (Please tick)

Yes No

DECLARATION
Warning ±Giving false information in the return or concealing any part of the
taxable income may lead to prosecution of both the Public Officer and the
taxpayer.
Maradze
I (Full name, please print) --------------------------------------------------------------being the duly

appointed Public Officer/Representative of the taxpayer (delete the inapplicable) hereby declare

that the return contains a complete, just and true statement of the required particulars in regard to
Maradze
the income tax of --------------------------------------------------------- (Name of taxpayer) based on
2021
the signed accounts in respect of the accounting year ending on --------------------------------------
Maradze 08/15/2022
Signature of the Person/Public Officer---------------------------------------------Date-------------------

Administrator
Designation----------------------------------