Times Of Swaziland: NON-COMPLIANCE TO VAT PERSISTENT

NON-COMPLIANCE TO VAT PERSISTENT
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Nhlanganiso Mkhonta on 16/02/2024 10:20:00


MBABANE – The non-compliance to remitting value-added-tax (VAT) remains a
major concern for ERS as cases of VAT evasion amounted to E554 million in 2023.
Speaking during the press briefing yesterday, Eswatini Revenue Service (ERS)
Commissioner General Brightwell Nkambule highlighted that currently there were 5
510 VAT registered clients. He said among these clients, there were those who
continuously failed to comply with the remitting of VAT obligations.
He said they had observed that some VAT registered clients were collecting VAT,
but under declaring. He said it was also observed that some clients were
collecting VAT but were not declaring, and not remitting collected VAT.
He said another observed behaviour was that VAT registered clients declaring VAT
but failed to remit payment. He added that, on the other hand, some VAT
unregistered clients were collecting VAT. The commissioner general mentioned
that another concern was the undeclared import VAT at border posts and under
declared import VAT.