Do You Have Any Questions?
Welcome to our FAQ section, where you can find answers to commonly asked questions to help you better understand our services and offerings.
Do you assist with ZIMRA tax registrations and compliance?
Yes, we offer end-to-end tax registration, including ITF263, VAT, PAYE, and withholding tax, plus ongoing compliance and filing services to help clients avoid penalties.
Can you prepare IFRS-compliant financial statements for audit?
Absolutely. Our team is experienced in preparing IFRS-aligned financial statements that meet audit, ZIMRA, and regulatory requirements for various sectors.
What internal controls do SMEs typically need?
At a minimum: segregation of duties, approval matrices, reconciliations, and secure recordkeeping. We assess, design, and implement control environments tailored to small business realities in Zimbabwe.
Can you assist with ZIMRA tax audits or disputes?
Yes, we support clients during ZIMRA audits, prepare responses, and handle objections or appeals in line with the Income Tax Act [Chapter 23:06] and Tax Administration Act.
How do you help businesses with cash flow management?
Through budgeting, variance analysis, working capital reviews, and cash flow forecasting, we help clients align operations with cash realities—especially important in Zimbabwe’s volatile market.
Do you provide monthly management reports for decision-making?
Yes, we generate tailored management accounts with dashboards and KPIs to support owners and boards with timely, data-driven decisions.
Can you assist with transfer pricing documentation?
Certainly. We draft transfer pricing policies and supporting documentation as required under Zimbabwe’s Transfer Pricing Regulations (SI 109 of 2019) for related-party transactions.
What risk areas do you review for clients?
We assess operational, compliance, financial, and fraud risks—providing mitigation strategies aligned with COSO and ISO 31000 risk management frameworks.
Do you handle bookkeeping for clients using Pastel or QuickBooks?
Yes, our team is proficient in Pastel, QuickBooks, and other local ERP systems—ensuring accurate and reconciled records every month.
What makes Thaine Business Services different from other firms?
We combine deep technical expertise with local knowledge and personal client attention—delivering reliable, relevant solutions backed by Chartered Accountants and former industry professionals
