Focus on tax evaders and not the informal economy – PDM Youth League

Marked difference… Due to their very nature, informal businesses generally operate outside the rules, whether by dodging taxes or by avoiding regulations. It is estimated that the informal sector contributes about 55 percent of Sub-Saharan Africa’s GDP and 80 percent of the labour force. Photo: Emmency Nuukala

Edgar Brandt

WINDHOEK – he Popular Democratic Movement (PDM) Youth League (YL) has condemned government’s intention to step up efforts to tax the informal sector. The youth wing of PDM has called the directive “worrisome and misguided’’.
“It is our view that the Namibian informal sector has not developed at the economic and technical level required to adequately and fairly tax it without significantly collapsing the market and creating massive unemployment, especially in this economic situation we find ourselves in,” said PDM YL spokesperson, Maximalliant Katjimune.

During a media briefing yesterday at

... read more at: https://www.newera.com.na/2018/07/13/focus-on-tax-evaders-and-not-the-informal-economy-pdm-youth-league/

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