UDM wants corporate tax increased, VAT reduced

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The leader says a UDM government would reduce VAT to 14%, and consider reducing it even further in future.

A United Democratic Movement-led government will increase corporate tax by three percent, UDM leader Bantu Holomisa said on Sunday.

“We will increase the corporate income tax rate from the current 28% to 31%, which will give us the resources we require for the service delivery needs of our people,” he said.

 

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But citizens voted for Zuma who ruined the economy,they must suffer the consequenses,its incorrect to punish the business.people must choose leaders wisely as they wil be the one to suffer.

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