By BUUMBA CHIMBULUREVENUE collection has become more critical during the current Covid-19 pandemic as more resources are needed to ensure a stronger economy.Tax is essential as it is used to develop the country while making the economy stronger, says Zambia Revenue Authority (ZRA) Corporate Communications Manager, Topsy Sikalinda.“This investment is channelled towards the health sector, education, and social-economic sectors such as water and sanitation.“The need for these resources is greater during this difficult period when the whole world is faced with the Covid-19 pandemic as more resources have to be channelled towards the health sector to fight this pandemic,” Mr Sikalinda said in interview.Mr Sikalinda also discussed refunds under Pay as You Earn (PAYE) where he explained that this was the system an employer used to take income tax contributions before they paid wages or salary.He further explained that all withholding taxes were intended to be taxed once income was earned stating that only withholding […]
REVENUE COLLECTION KEY TO ECONOMY
