To many, the return of turnover tax could be the only provision in this act. It is important to highlight some facts about turnover tax, which have either been replaced by spins or have tactfully and deliberately been overlooked by the circles opposed to the tax. It has been in place before it was replaced by the presumptive tax on January 1, 2019. Turnover tax is one sure way of ensuring an evenly shouldered tax burden. That said, there is a dire need to relook at the whole issue of turnover tax before we lose focus.

Source: The Star January 14, 2020 06:45 UTC