Sharpen teeth, ZRA told

 

ZAMBIA Revenue Authority (ZRA) should sharpen their teeth and heed to Finance Minister Felix Mutati’s call to go after tax evaders and collect revenue that belongs to the people of Zambia in order to strengthen the country’s economy, says Movement for Multiparty Democracy (MMD) secretary general Raphael Nakachinda. In an interview with the Daily Nation, Mr Nakachinda welcomed Mr Mutati’s call for ZRA to come up with stringent measures against tax evaders. He noted that there were a lot of companies that were crookedly holding on to monies that should have been paid to the authority as tax. Mr Nakachinda said that there was need for the country to broaden its tax base and that ZRA should sharpen its teeth and go after entities that were still owing the Authority. He pointed out that the current measures being implemented were not stringent enough to deter would-be tax evaders. Mr Nakachinda reiterated that the Post newspaper should not be excused from paying tax on the basis that it was a newspaper, and that it should pay all the money that it owed ZRA just like any other company. He warned that the Post should not go scot free without fulfilling its tax obligations because the money belonged to the people of Zambia. Mr Nakachinda said that there would be no need for Government to borrow money from other countries if it made sure that all revenues were promptly collected. “ZRA should sharpen their teeth and heed to Finance Minister Felix Mutati’s call to sternly go after tax evaders and collect revenue that belongs to the people of Zambia in order to strengthen the country’s economy. There are a lot of companies that are crookedly still holding on to monies that should have been paid to the Authority as tax. “There is need for the country to broaden its tax base and ZRA should sharpen its teeth and go hard on entities that were still owing the Authority. There will not even be any need for Government to borrow money from other countries if it made sure that all revenues are promptly collected,” he said. Mr Nakachinda warned that no country could have meaningful development if individuals and companies did not fulfil their tax obligation.                         He stressed the need for a well-structured revenue collection policy that would ensure that all evaders were brought to book.                         Mr Nakachinda reiterated that the Finance Minister’s call for stringent measures was timely and that it was his hope that all pending returns would be collected.                         He pointed out that all the other nations earned their money for sustainable operation of Government through prompt revenue collection.

Categorized | Home News

Comments are closed.

Our Sponsor

Jevic Japanese Auto Inspections

Social Widgets powered by AB-WebLog.com.