CUTS appeals for deferement of withholding tax on rental income

Consumers Unity and Trust Society (CUTS) International Zambia has recommended that the Zambia Revenue Authority (ZRA) defers the enforcement of the withholding tax LAW on rental income due to the high cost of living in Zambia.

CUTS International Zambia Center Coordinator, Simon Ng’ona has explained to QFM News that though the law has been there for some time now, it is prudent that government through ZRA suspends its implementation.

Mr. Ng’ona says his organization has received a number of concerns from people over the income tax on rentals and that government should look at this law again.

Mr. Ng’ona argues that the move will force Landlords to hike rentals which are already high in most parts of the country.

He has since appealed to the Zambia Revenue Authority to work out measures that will see to it that this law does not make things worse considering that the cost of living in Zambia is already high.