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{
    "id": 846759,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/846759/?format=api",
    "text_counter": 286,
    "type": "speech",
    "speaker_name": "Nominated, ANC",
    "speaker_title": "Hon. Godfrey Osotsi",
    "speaker": {
        "id": 13172,
        "legal_name": "Godfrey Osotsi",
        "slug": "godfrey-osotsi"
    },
    "content": "I also want to talk about the Value Added Tax (VAT) on business rent. This is punitive. We cannot charge businesses 30 per cent Corporation Tax and then charge them 16 per cent VAT on business rent. This is another form of double taxation. On a positive note, this Bill proposes that proceeds from betting, lotteries and gaming will be deposited into the Sports, Arts and Social Development Fund. This is progressive. We know that there this provision in the Sports Act, but it has not been implemented. The Government gets money from betting, lotteries and gaming, but the money does not end up to sporting associations. If we will have a Fund where all this money will be deposited into, this will enhance the level of sports in this country."
}