Title What informed the shift in gears from Turnover Tax to Presumptive Tax?
Description

Turnover Tax aimed at tapping revenue from the vibrant and robust informal sector. Despite the vibrant growth in the sector, the revenue has been declining. The Turnover Tax has not achieved its intended objectives due to the profile of the sector hence leaving many taxpayers out of the tax net.


Presumptive Tax is therefore the most appropriate tool that will ensure that all taxpayers are brought onboard as well as enhance compliance.
Category Presumptive Tax