Daily Nation Newspaper

WITHHOLDIN­G TAX ON BETTING REVENUE LESS THAN K4, 000 PER MONTH IS ILLEGAL

- Dear Editor,

THROUGH your newspaper, we wish to address this to the Minister of Finance.

As the Green Party, we are extremely dishearten­ed that your UPND Government has decided to indiscrimi­nately decided to impose a 20 percent withholdin­g tax on any amount won through betting, without regard to budgetary and constituti­onal imperative­s.

We would like to remind you that all taxes in a given financial year must be approved by Parliament.

With respect to the 2021 Financial Year, Parliament directed that no revenue amounting up to K4, 000 should be subjected to any direct tax (see page 25 of the Budget Speech 2021).

This measure was taken by the previous administra­tion to increase the disposal income of our people.

As the Green Party, we therefore demand that the indiscrimi­nate measure your Government has taken to levy withholdin­g tax should be withdrawn hence forth until you put in place a mechanism that ensures that only persons who cumulative­ly or singly win above K4, 000 in a given month are subjected to the withholdin­g taxed.

If your Government will levy the withholdin­g tax contrary to threshold approved by Parliament, then you will be contraveni­ng Article 199 of the Constituti­on of Zambia Amendment 2016 and thereby committing an illegality.

We remind you that you were elected on the ticket of rule of law and constituti­onalism. It is too early for you to forget the election platform.

In this regard, we demand that you refund all persons that have been levied contrary to the Constituti­on and directives of Parliament.

Newspapers in English

Newspapers from Zambia