Friday, August 15, 2008

Letters - Windfall Tax

Mine taxes
Friday August 15, 2008 [04:00]

It is encouraging to hear Commissioner General Chriticles Mwansa announce that the Zambia Revenue Authority has collected taxes from mine companies to the tune of K255.6 billion since the new tax regime was introduced.

The question however is: what are finance minister Ng'andu Magande and his friends in Cabinet planning to do in next year's budget? I suggest Pay As You Earn should be reduced in order to relieve the workers who have been in the past heavily taxed due to the undercharging of taxes on mines.

We have all the resources to be a better people.

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