Bus Owners Praise Lungu Over Tax Waiver.
President Edgar Lungu’s immediate effect on revocation of the law that imposed presumptive tax on bus and taxi operators has showed that he is a listening leader to the plight of his people, says Flash Buses Capital Commuters proprietor Ishmael Kankhara.
Mr Kankhara also cautioned traders who wanted to take advantage of the challenges facing the country economically because it was not only Zambia that had a crisis.
“Thank you Mr President for listening to the plight of the people, and the onus is to the people of Zambia to support the Government even if things are not reasonable,” he said.
He further said his company had for a long time did not hike bus fares, not because all was well, but because he was looking at the plight of the people.
He said revoking the law that imposed presumptive tax on bus and taxi operators would help the smooth flow of running business in the country. President Lungu on Tuesday revoked that imposed presumptive tax on bus and taxi operators.
The Zambia Revenue Authority (ZRA) had introduced the presumptive tax on bus and taxi operators which was imposed on an informal sector like transport and when it was introduced, bus operators were meant to pay tax between k1,600 and K19, 700 per month at ZRA offices.
This had forced bus and taxi operators to protest on the Copperbelt, saying that paying of the taxes was cumbersome and consequently costly.