Minister of Finance Winston Jordan yesterday said there is no link between the application of the Value Added Tax (VAT) to private school fees and the non-compliance of several of these schools with the tax laws.
“I do not want a link seen between the imposition of the 14% on private tuition and the recalcitrance of schools, as it relates to paying or filing the income tax. The context within which the application of VAT should be recognized is a broadening of the tax base and reduction of the tax rate. I was unaware of the tax status of the schools when we implemented this,” Jordan told reporters at a press conference at his office yesterday.
