VAT increase to 14% could be split over two years
Friday, November 20, 2020
Higher levels: Consumers will have to pay more for goods next year PIC: MORERI SEJAKGOMO
BusinessWeek is informed that the Taxation Review Committee will be meeting soon and give recommendations that will ultimately be considered by Cabinet ahead of the next budget.
The ministry’s permanent secretary, Wilfred Mandlebe said the VAT increase was in line with the Economic Recovery and Transformation Plan approved by the Winter Parliament.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...