SWT Reduction

SWT reduction dependent on effective collection

Koim said they can make the recommendation once they can create enough fiscal space for the National Government.

Koim said this at the launching of the Merger between Section 65A of the GST Act and the Integrated Financial Management System.

He said currently there is a huge tax gap, especially in GST collection and focusing on GST they believe they can make enough money for the Government.

Unlike SWT, which is paid by a small percentage of the country’s population, Koim said GST is paid by everyone.