Zimra rates on change of ownership of pre-owned cars

Zimra rates on change of ownership of pre-owned cars
Published: 19 January 2016 (1755 Views)
RATES OF SPECIAL EXCISE DUTY ON CHANGE OF OWNERSHIP OF SECOND-HAND MOTOR VEHICLES

The Zimbabwe Revenue Authority (ZIMRA) hereby advises its valued clients that the Minister of Finance and Economic Development announced a change of the basis on which Excise Duty on change of ownership of second-hand motor vehicles is calculated.

The amount to be paid to ZIMRA for Special Excise Duty on the change of ownership of second-hand motor vehicles is as per the schedule below. These new amounts apply to change of ownerships with effect from 1 January 2016.

Please note that this schedule DOES NOT apply to the clearance of second-hand motor vehicles on importation into the country. The valuation method by ZIMRA is still applicable in those situations.

Number of Years from Date of Manufacture/
Engine Capacity/ Special Excise Duty Rate (US$)

0-4 years
1000cc 300
1001-1500cc - $400
1501-2000cc - $500
2001-2500cc - $600
2501-3000cc - $600
3001-3500cc - $600
Above 3501cc - $600

5-10 years
1000cc - $150
1001-1500cc - $200
1501-2000cc - $250
2001-2500cc - $300
2501-3000cc - $400
3001-3500cc - $400
Above 3501cc - $400

11-15 years
1000cc - $75
1001-1500cc - $100
1501-2000cc - $150
2001-2500cc - $200
2501-3000cc - $200
3001-3500cc - $200
Above 3501cc - $200

16-20 years
1000cc - $50
1001-1500cc - $75
1501-2000cc - $100
2001-2500cc - $150
2501-3000cc - $150
3001-3500cc - $150
Above 3501cc - $150


Above 20 years All Engine Capacity - $50

Paying duties and taxes on time and in full builds and dignifies Zimbabwe!

Commissioner General Public Notice No. 4 of 2016

- Zimra

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