{"id":54157,"date":"2025-03-22T20:51:00","date_gmt":"2025-03-22T20:51:00","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners"},"modified":"2025-03-22T20:51:00","modified_gmt":"2025-03-22T20:51:00","slug":"vat-increment-to-hit-hard-on-low-income-earners","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners","title":{"rendered":"VAT INCREMENT TO HIT HARD ON LOW INCOME EARNERS"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>The Value Added Tax (VAT) set to be implemented next month is going to hit hard on low income and no income earners, says the former Lesotho Institute of Accountants (LIA) President Mr. Lefu Mokaoane.<\/p>\n

On Wednesday the Minister of Finance and Development Planning Dr. Rets\u2019elisitsoe Matlanyane had proposed a 0.5 percent increase of VAT and the motion got more support from the members.<\/p>\n

Value-Added Tax is a consumption tax levied on goods and services at each stage of the supply chain where value is added.<\/p>\n

Mr. Mokaoane said even if people could see 0.5 percent as little, the problem is that it is paid every time one makes a purchase saying that it is not only going to be in food commodities but in utilities such as electricity and water as well and as a result have an immense impact.<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. The Value Added Tax (VAT) set to be implemented next month is going to hit hard on low income and no income earners, says the former Lesotho Institute of Accountants (LIA) President Mr. Lefu Mokaoane. On Wednesday the Minister of Finance and Development Planning Dr. Rets\u2019elisitsoe Matlanyane had proposed a 0.5 percent […]<\/p>\n","protected":false},"author":84,"featured_media":54156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,246,245],"class_list":["post-54157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-lesotho","tag-lesotho"],"yoast_head":"\nVAT INCREMENT TO HIT HARD ON LOW INCOME EARNERS - Lesotho<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VAT INCREMENT TO HIT HARD ON LOW INCOME EARNERS\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Lesotho. The Value Added Tax (VAT) set to be implemented next month is going to hit hard on low income and no income earners, says the former Lesotho Institute of Accountants (LIA) President Mr. Lefu Mokaoane. On Wednesday the Minister of Finance and Development Planning Dr. Rets\u2019elisitsoe Matlanyane had proposed a 0.5 percent […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-22T20:51:00+00:00\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"VAT INCREMENT TO HIT HARD ON LOW INCOME EARNERS\",\"datePublished\":\"2025-03-22T20:51:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners\"},\"wordCount\":161,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2025\/03\/Kakuti1742664065.05289.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"Lesotho\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/vat-increment-to-hit-hard-on-low-income-earners\",\"name\":\"VAT INCREMENT TO HIT HARD ON LOW INCOME EARNERS - 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