- Finance Minister Situmbeko Musokotwane urges Zambia Revenue Authority to increase VAT revenue contribution from 23% to 28%
- VAT revenue has been lower than desired at 23% in the last four years
- Taxes are a primary source of revenue for the government to provide public services
- Musokotwane believes Zambia can reach the African average of 28% VAT revenue contribution
Source: msn.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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