Extension for Existing Water Borehole Registration - WARMA The Water Resources Management Authority (WARMA) would like to inform the general public that the deadline for registration of boreholes which is scheduled for 30 September 2018 has been extended to 31st March 2019. The extension has been necessitated by an overwhelming response in the last two weeks close to the deadline and the need to...
Property Transfer Tax in Zambia: Special Cases So now that you understand your tax obligations on a property for sale, you need to also have an idea of the special cases that may apply with regard to property transfer tax (PTT) in Zambia. In a few special cases, you may be exempt from paying property transfer tax in Zambia. The following are some special cases that provide for exemptions at the time of...
When engaging in property transactions in Zambia, one common question arises: Who pays the property transfer tax? In this article, we will provide clear definitions and explanations to help you understand this aspect of real estate transactions. Defining Property and Property Transfer Tax: In Zambia, property refers to any land, including buildings and additions made to or on the land at the time of...
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