GOVERNMENT WILL BE GOING to Parliament shortly with at least a dozen significant changes to the Value Added Tax Act that will allow it to tighten collections relating to entertainment events and also impose a 22 per cent VAT on cellular phone services.
The amendments will cover, among other things issues relating to VAT on tickets for entertainment events, including the growing practice of scalping – a matter that has brought the department into dispute with entertainment promoters in recent years.
One amendment states: “No person shall sell or solicit the purchase of any tickets to be used by patrons for entry into a place of public entertainment, unless (a) that person is at a box office, booth, turnstile or counter appointed by the promoter of public entertainment, and (b) the owner . . . has received the written consent of the promoter of public entertainment to sell the tickets. (RRM)
Please read the full story in today’s Weekend Nation, or in the eNATION edition.