THE latest Auditor General’s Report has revealed that the Zambia Revenue Authority (ZRA) fined 393 taxpayers amounts totalling over K26 million for not utilising the Smart Invoicing System. Meanwhile, the report has revealed that Access Bank Zambia Limited failed to remit US$433,820 in revenue it collected on behalf of government in respect of Immigration Fees. According to the report, as at August 31, 2026, ZRA failed to collect the fines from the 393 taxpayers. “Regulation 4 (1) of the Value Added Tax (Electronic Invoicing System) Regulations of 2023 states, ‘A taxable supplier shall issue a tax invoice using an electronic invoicing system to a customer for the consideration paid or payable by that customer.’ In accordance with the above provision,...