ZAMTEL has announced a partnership with the Zambia National Marketeers and Credit Association for the collection of base tax on behalf of the Zambia Revenue Authority using an electronic platform.
Speaking during a cocktail party to officially unveil the partnership in Lusaka last night, Zamtel Chief Executive Officer Sydney Mupeta said the partnership will significantly boost tax compliance levels among marketeers and small-scale traders.
Mr. Mupeta said Zamtel will build a data Centre to enable ZANAMACA manage and secure member information for efficient implementation of the agreement.
And ZANAMACA President Mupila Kameya said over six million of its members countrywide are expected to benefit from the partnership.
On 15th June 2018, Government through the Ministry of Finance issued a Statutory Instrument which forms a legal obligation to collect base tax in the informal sector.
ZRA consequently appointed ZANAMACA as a sole agent to collect base tax throughout the country.
Taxing one third of marketeers that do not have markets to operate in…the irony…
I hope this has nothing to do with talk time topping up…the company has no money yet they have money for cocktail parties
I hope this has nothing to do with talk time topping up…the company has no money yet they have money for ***ktail parties
Comment:Taxation of all marketeers is welcome,however, the markets must upgraded to international standards with all the facilities in place.it is an insult and Broadway robbery to collect tax where there is no shelter,running water and uncollected cabbage.
This is a brilliant move. It is high time that the tax base is broadened so as to reduce the pressure on the formally employed. After all we all use roads, hospitals etc which need to be funded whether one is formally or informally employed.
The idea is very god to increase the tax base. However, the best way to go is to increase the amount being collected by the Local Councils and let marketeers and buses pay on monthly basis to the Councils at pay points. The total collection to be divided as follows: 20% to ZRA, 30 % to Councils to pay revenue collectors, 50% to Zama/Bus Associations to pay workers, bills, empower members through simple loans. This arrangement has more benefits to members and government wings.