|ZIMRA to collect VAT from to all business advertisers with accounts on Facebook registered in Zimbabwe it has emerged. |
The email from Facebook read due to implementation of a value-added tax (VAT) in Zimbabwe, Facebook is required to charge VAT on the sale of ads to all advertisers in Zimbabwe.
All advertisers with a business country of Zimbabwe will be charged an additional 14.5% VAT on advertising services purchased on or after September 1, 2020.You don’t have to enter a Zimbabwe Tax ID.
However, if you’re registered for VAT and provide your Tax ID, your Tax ID will show up on your ads receipts. This may help you recover any VAT you paid to Zimbabwe tax authorities if you are a VAT registered business in Zimbabwe.
How to add your Tax ID to your Zimbabwe ad account:Go to Account SettingsScroll down to the field labeled “Tax ID Number”Add your Zimbabwe Tax IDFor additional information, please visit our Help Center.
Thanks,The Facebook Business Team