MPs to lobby Matambo against tax hikes

Friday, February 10, 2017

Parliamentarians plan to lobby Finance and Economic Development minister, Kenneth Matambo to defer any adjustment of taxes, levies, licence and permits fees, until after the Economic Stimulus Programme (ESP) period.

In his Budget Speech on Monday, Matambo revealed that government was considering proposals from the Taxation Review Committee on adjusting various taxes, levies, permits and licensing as well as reviewing some tax expenditures such as value added tax (VAT) exemptions.

He said the proposals were part of “diversifying sources of revenue,” away from a reliance on revenues from minerals, especially diamonds and customs and excise.

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MPs to lobby Matambo against tax hikes

Parliamentarians plan to lobby Finance and Economic Development minister, Kenneth Matambo to defer any adjustment of taxes, levies, licence and permits fees, until after the Economic Stimulus Programme (ESP) period.