Saturday, February 24, 2018

Anglican bishops slam VAT increase

From South Africa-

South African bishops from the Anglican church on Friday added their voice to the rising chorus of disapproval of this week's increase in value-added tax (VAT), saying ordinary citizens were being compelled to pay for gaps in the budget caused by corruption.

In a terse statement, the Synod of Bishops of the Anglican Church of Southern Africa said the Anglican Church of Southern Africa was very concerned about the one percent VAT increase, announced by finance minister Malusi Gigaba in his budget speech on Wednesday.

"It is distressing to us that the ordinary citizens of South Africa are being called upon through increased VAT to fill the gaps in government finances which are partly a result of massive maladministration and corruption, especially in state-owned enterprises," said the statement.


More here-

https://www.msn.com/en-za/money/news/anglican-bishops-slam-vat-increase/ar-BBJu7ui

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