Increased VAT No Good News for Swazi NGOs

NGOs find it difficult to sustain their services in Swaziland, after the government hiked VAT to 14 percent

Big companies are slashing food rations and other benefits, NGOs are being stifled and some businesses are under threat as the Swaziland government’s drive for value added tax (VAT) collections, pegged at 14 percent, have sent the cost of doing business spiralling in the cash-strapped kingdom.

NGOs are also feeling the pinch as the government charges VAT on goods, an expense not covered by the donors.

In the same vein, Emmanuel Ndlangamandla, director of the Co-ordinating Assembly of NGOs, states that donors do not want their money to pay for taxes because they are also assisting the country to deliver services to its people.

To read the article titled, “Swaziland staggers under new tax regime,” click here.

Source: 
Independent Online

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