BURS seeks to widen tax base
Wednesday, October 07, 2015
Morris
The tax gap is described as the difference between the tax revenue that should be collected and the tax revenue actually collected.
BURS commissioner general, Ken Morris told the third sitting of the parliamentary committee on statutory bodies and state enterprises yesterday that the tax gap remains a challenge for the tax collector.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...