Mthuli Ncube Says 2% Tax Will Still Be Levied & He Explains Why

We all have been wondering if today’s court ruling puts an end to the collection of the 2% tax. Finally, Finance Minister, Mthuli Ncube has issued a statement saying that you will stay pay the tax despite the court’s ruling because Statutory Instrument 205/2018 (which was found to be illegal today) was validated by under Finance Act by the parliament. Here’s the Minister’s reponse:

Still, questions asked in the article about implications of the court ruling are still relevant.

The post Mthuli Ncube Says 2% Tax Will Still Be Levied & He Explains Why appeared first on Techzim.