News

Mines owe K11.8 billion

KAPALA CHISUNKA, Lusaka
MINING companies owe Government K11.8 billion in unsettled tax assessments.

And Zambia Revenue Authority (ZRA) has paid out a total of K6.4 billion in tax refunds out of which 51.2 percent has been paid out to major mining companies.
ZRA commissioner general Kingsley Chanda said the total outstanding Value Added Tax (VAT) refund payments to the sector currently stand at K1.2 billion while verified VAT claims are K4.8 billion.http://epaper.daily-mail.co.zm/

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