SOUTH AFRICA REVENUE SERVICES ASKED TO DETERMINE HOW MUCH PRESIDENT OWES

The Democratic Alliance (DA), the main opposition party, has called on the South African Revenue Service (SARS) to conduct a forensic audit to determine how much President Jacob Zuma owes in taxes for upgrades to his private residence in Nkandla in KwaZulu-Natal Province.

Briefing the media here Thursday on the matter, the party said it had determined that President Zuma conservatively owed 63.9 million Rand (about 4.33 million US dollars) in fringe benefits tax.

The party said that upgrades to the Nkandla property with tax-payers money such as the fire pool, canteen and helipad constituted fringe benefits to President Zuma under the provisions of the Tax Act.

The National treasury determined that President Jacob Zuma should pay 7.8 million Rand for non-security upgrades to his Nkandla home in line with a directive from the National Treasury in March.

"The 7.8 million (Rand) focuses itself on paying for the items as articulated by the Public Protector (Ombudsman)," said DA leader Mmusi Maimane.

"This is not the issue, the issue is that like any other South African if you get a benefit from your company you must be liable for the tax on that benefit.

Jacob Zuma has benefited from the people of South Africa, in fact unduly, so as the Public Protector put it and therefore we believe that ultimately he must be liable for this tax."

Source: Nam News Network