THE Zambia Revenue Authority (ZRA) says it will ensure that taxpayers who evade taxes are investigated and possibly prosecuted.
This is according to a statement issued in Lusaka yesterday by the ZRA corporate communications unit research and planning department.
“The Minister of Finance does not instruct the Zambia Revenue Authority to undertake enforcement action against taxpayers,” the statement reads
ZRA said it has a statutory duty to collect revenue on behalf of the Government of the Republic of Zambia.
“Notwithstanding the above, the Zambian citizenry have a civic responsibility to express concern when players in the economy disregard the law passed by parliament for the timely collection of the much-needed revenue for Government to provide services and achieve its development agenda,” the statement reads
ZRA said non-compliance with the tax law is expensive and the authority will ensure that taxpayers who evade taxes are investigated and possibly prosecuted.
This follows media reports that Minister of Finance Alexander Chikwanda allegedly instructed ZRA to pursue The Post to collect tax revenue amounting to K26.8 million.
Can you please disregard Chali’s waiver? This country needs the Money that the Post is holding on to.
The problem has been to inflict small firms which are less educated about tax matters,ZRA has rarely educated small businesses in Zambia,they want to be followed at their head offices which leaves much to be desired on who and how will the poor small business survive the curse when the inspector appear with police officers attitude!We hear huge tax evasion from big firms like The Post and Zambia Airways,No constructive and satisfactory results have been published by either the government and Zra……lo and alas,watch how they will quickly inflict small firms.ZRA show us the results of your work done on old cases of tax evasion from huge companies first…When papa(ZRA) is beaten by the big guys,he shouldn’t come and beat a poor mama to show that he’s a man!
Finally, zra has woken from a deep slumber. Be practical ba zra. Did you have to wait for ba ABC to instruct you to do your job sure? Start with the low hanging fruits, dont waste your time chasing marketeers. Alcohol traders will just exhaust you. Go for the big ones whose impact will be significant.
Even abc thinks you are overpaid for doing very little work. Once again be practical!
For the past three years, what what have you been waiting for?
Educate the Chamber of Mines also to see implication of VAT 18 Educate them on the intention and let them support the integrity and equity of the mining sector
When one performs a DuPont analysis of a financial statement on one major mine on recent financials, cases of understatement of revenue/sales are easily visible to claims and it only requires working back wards with valid confirmed documents according to rule no 18 to confirm completeness to those privy Without rule vat 18 it will be impossible to check
Check the Financial Sector also and broaden the tax base on Financial Instruments.Retention of your trained staff also will help There is too much pettiness and high labour T/O of staff