Still on VAT increase and matters arising

That the recent announcement of the proposed increase in the Value Added Tax rate from five per cent to seven-and-half per cent is generating ripples and knocks is not unexpected. The concern of those opposed to the increase, including this writer, does not only border on the rate of the increase (which is 50 per cent), but also on the justification given by the government for its proposal.

Continue reading Still on VAT increase and matters arising at Vanguard News.

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