UDM demands increase in corporate tax, VAT reduced | IOL News

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UDM demands increase in corporate tax, VAT reduced | IOL News
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A United Democratic Movement-led government will increase corporate tax by three percent, UDM leader Bantu Holomisa said.

Marikana - A United Democratic Movement-led government will increase corporate tax by three percent, UDM leader Bantu Holomisa said on Sunday.

"We will increase the corporate income tax rate from the current 28 percent to 31 percent, which will give us the resources we require for the service delivery needs of our people," he said.

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