HSA Chartered Accountants

⚠️ Common Income Tax Filing Mistakes That Could Cost Your Business

Even small errors in your Income Tax Return can result in penalties, delays, and unnecessary scrutiny from the Zambia Revenue Authority (ZRA).

Here are some of the most common mistakes businesses make:
❌ Missing the filing deadline
❌ Underreporting income
❌ Claiming unsupported expenses
❌ Poor or incomplete record keeping
❌ Mathematical or data entry errors
❌ Using incorrect tax information

The good news? Most of these mistakes can be avoided with proper preparation and professional guidance.

✅ Review your records carefully
✅ Keep all supporting documents
✅ File before the deadline
✅ Seek expert assistance when needed

With only 32 days remaining until the filing deadline on 21st June 2026, now is the time to prepare and file with confidence.

📞 For assistance, contact us on:
+260 971 824 521 - Lusaka
+260 770 826 967 - Ndola

What Happens If You File Your Tax Return Late?

⚠️ Missing the Income Tax Return deadline can be costly for your business.

Many businesses delay filing until the last minute, only to face avoidable penalties, added pressure, and unnecessary stress.

Late filing may result in:

❌ Penalties and interest charges
❌ Increased scrutiny from the Zambia Revenue Authority (ZRA)
❌ Cash flow disruptions
❌ Compliance challenges for your business
❌ Cancellation of your Tax Clearance Certificate

Filing on time helps protect your business reputation, maintain compliance, and avoid unexpected costs.

📅 Income Tax Return Deadline: 21st June 2026
⏳ 37 Days to Go! now is the time to prepare.

Our team is ready to assist you with accurate and timely filing to help make the process smooth and stress-free.

📍 Offices in Lusaka & Ndola
📞 Ndola: +260 77 0826967
📞 Lusaka: +260 97 1824521

39 Days to Go: Get Your Documents Ready for Income Tax Filing

Preparing for your Income Tax Return starts with having the right records in place. 📂

Organizing your documents early can help reduce stress, avoid delays, and ensure accurate filing. ✅

Here are some key documents you should begin preparing:
📌 Sales invoices & receipts
📌 Bank statements
📌 Expense receipts & payment vouchers
📌 Payroll records
📌 Asset purchase records
📌 Previous tax returns & ZRA correspondence

Proper record keeping is essential for compliance and can help prevent errors that may lead to penalties.

💡 If your bookkeeping is not up to date, now is the best time to start organizing your records.

Need assistance with your tax preparation? Our team is here to help make the process smooth and stress-free.

📍 Offices in Lusaka & Ndola
📞 Ndola: +260 77 0826967
📞 Lusaka: +260 97 1824521

Strong businesses build strong economies.

HSA Chartered Accountants is proud to stand alongside organizations committed to empowering SMEs and creating opportunities for business growth in Zambia.

See you at the 2026 SME Capacity Building Conference.

Ndola… this is BIG. 🔥

The 2026 SME Capacity Building Conference is bringing together serious brands, powerful partners, and businesses that believe in growth, innovation, and the future of SMEs in Zambia.

From banks to logistics and trade facilitation companies.
From media houses to ICT and branding partners.
From energy providers to development finance and enterprise support institutions.

🔥 The lineup of Sponsors & Partners is STRONG.

These are companies investing in ideas. Investing in entrepreneurs. Investing in business growth.

This is more than just a Conference.
It’s a space for connections, opportunities, learning, and leveling up.

Registration is officially CLOSED 🚫
Now it’s time for the real action.

Let’s build business. Let’s build Ndola. 🚀

Happy Birthday to our Managing Partner, Mr Hendrix Shamainda! 🎉

On this special day, we honour your visionary leadership, dedication, and the lasting impact you continue to make at HSA Chartered Accountants.

Your commitment to integrity, excellence, and professional service continues to inspire both our team and the clients we proudly serve.

Wishing you good health, happiness, and continued success in the year ahead.

Happy Birthday from all of us at HSA Chartered Accountants. 🎂

Submit your 2025 Annual Income Tax Returns on time.

Not sure if you need to file an Income Tax Return? Here’s a simple breakdown:

An Income Tax Return (ITR) is submitted to the Zambia Revenue Authority (ZRA) to declare income earned and taxes payable.

Who needs to file?
• Businesses (small, medium, and large)
• Companies of all sizes
• Self-employed individuals and freelancers
• Any person earning more than K57,000 in taxable income

Filing is mandatory, and failure to comply may result in penalties, interest, and reputational risk.

At HSA, we help businesses and individuals stay compliant through reliable tax advisory and compliance support, ensuring timely and accurate submissions.

📩 Contact us at [email protected] or call +260 971 824 521 / +260 770 826 967 for assistance.

Beat the deadline of 21st June, 2026.

Stay compliant.

Are You Ready for Income Tax Filing?

The countdown has officially begun! In just 46 Days, income tax filing deadlines will be here. Now is the time to start preparing.

Whether you’re a business owner, self-employed professional, or managing an SME, early preparation is key to staying compliant.

✔️ Have you gathered your financial records?

✔️ Are you aware of common filing mistakes?

ZRA deadlines are strict, and late submissions may result in penalties and unnecessary costs.

Over the next few weeks, we’ll guide you through the process, step by step, to ensure you stay compliant and avoid last-minute pressure.

📞 Contact us at +260 97 1824521 (Lusaka) or +260 770826967 (Ndola) for assistance.

Today, we celebrate the effort, resilience, and dedication behind every achievement.

Happy Labour Day.

Let us help you....