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2021/22 Budget: New taxes will deepen burden on tax payers


Daily Monitor
Tuesday May 25 2021
A customer uses a visa card to complete a transaction online. Online businesses will have to incur more costs due to the new 12 per cent levy on data bundles in the next financial year. PHOTO/ FILE
Summary
Tax burden. Beginning July 01, Internet users, motorists and consumers of both alcoholic and non-alcoholic beverages will be required to dig deeper into their pockets to fund the national budget’s expenditure after Parliament on April 30th endorsed a range of government’s proposed taxes in a frantic move to raise revenue to fund its expenditure.
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The two arms of government the Executive and Parliament, should be more mindful about their actions, particularly when dealing with touchy issues of taxation, given its implication on the cost of doing business, the economy and livelihoods. ....

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