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Address taxation concerns, Lungu urged

Filed under: Breaking News,Business |

President Edgar Lungu will officially open Parliament this Friday and governance activist Macon Nkhoma believes it will be imperative that the Head of State gives key policy pronouncements that give the direction of the 2019 national budget.

Nhkoma notes that stakeholders are highly expectant that President Lungu will address taxation issues which have dominated public debate in recent days, where Zambians have complained of increasing taxes against static household incomes.

“It is imperative that the government should not increase domestic taxes any further as doing so will increase the cost doing business and increase the cost of living for majority Zambians,” Nkhoma said in a statement to Zambian Eye, adding “I therefore do not expect a drastic increase in taxes as doing so might keep small scale enterprises out of business and cause lose of jobs for Zambians.”

Nkhoma advises Government to instead invest in mechanisms that will enhance tax collection from already existing tax brands.

“The governmeent should therefore work towards addressing the loopholes that exist in collecting taxes as opposed to creating new taxes all together,” he said.

Nkhoma is also expectant that the Head of State will address the issues surrounding distribution of farming inputs to farmers which previously been done late, stating “the issue of delivering farming inputs late to farmers should be a good example of the past which should never be repeated in the 2018-2019 farming season.”



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