ZRA turns against debtors

Daily Nation Newspaper - - HOME NEWS - By CHIKUMBI KATEBE

THE Zam­bia Rev­enue Author­ity has swung into ac­tion against debtors in­clud­ing those on the Time to Pay Agree­ment and have de­faulted.

ZRA cor­po­rate com­mu­ni­ca­tions man­ager Topsy Sikalinda said they would use all ef­forts pre­scribed un­der the law to en­sure the state re­cov­ered all debts owed.

He said ZRA would soon is­sue no­tices of War­rant of Dis­tress on all de­fault­ers around Lusaka.

“Tax com­pli­ance has two ba­sic prin­ci­ples, com­pli­ance and en­force­ment, but since the de­fault­ers have failed to com­ply; the ZRA has been left with no choice but to swing into ac­tion with en­force­ment.

He ex­plained that to avoid in­con­ve­niences, in­di­vid­u­als, com­pa­nies, or­gan­i­sa­tions or in­sti­tu­tions ow­ing the ZRA in the form of tax li­a­bil­ity must pay up or con­tact the Debt Re­cov­ery Unit im­me­di­ately.

He said that ear­lier in the year, ZRA em­barked on a tax amnesty which was meant to help tax­pay­ers with com­pli­ance.

Mr Sikalinda

Newspapers in English

Newspapers from Zambia

© PressReader. All rights reserved.