Govt owed over $4,5bn by tax dodgers

HARARE - Government is owed over $4,5 billion by tax evaders, Finance ministry secretary George Guvamatanga has said.

Presenting the 2018 expenditures and 2019 budget priorities before the parliamentary portfolio committee on Finance on Monday, Guvamatanga expressed concern over tax dodging.

“It is important to note that we have a compliance issue, chairman. As of today, government is actually owed over $4,5 billion in unpaid taxes.

“The composition of these taxes of significant concern to treasury. They are made up of Value Added Tax (Vat), Payee and income tax,” he said.

“In other countries.... you collect Vat and income tax as an agent of the government and the expectation is that within a specified number of days after collection, you hand it over, and when you don’t, it’s theft or fraud,” he said.

Comments (2)

So prove it, catch them and prosecute, don't just guess. Also government owes councils and many businesses many billions. So?

George - 31 October 2018

How did you arrive at that figure George, give us a breakdown??

Eddy - 6 November 2018

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