Artificial Intelligence is rapidly changing the way organisations operate.

For years, subsidiaries of multinational and regional groups have prepared statutory financial statements under full IFRS Accounting Standards, complete with disclosure volumes designed for listed entities, when the primary users are a parent company, a handful of lenders and a regulator.

Value Added Tax (“VAT”) is a cornerstone of Zimbabwe’s tax system. The VAT Act sets out what supplies are standard rated, zero-rated or exempt, time and value rules, and the treatment of imports and exports together these provisions shape taxpayers’ obligations and ZIMRA’s collection powers