Taxable Football-A need for VAR to check the tax man

By Lambert Rusoke

As June dawned on us,the world cup had turned to the knockout phase.This is that part of the tournament where boys are separated from men.Looƙ at this.The world champions Germany had been dumped out at the first hurdle by South Korea.The analysis and discussion was bounɗ to go on.Then it clocked July 1.
New financial year in Uganda,new budgetory projections,and of course new actions on how to increase the tax base.

Enter social media and mobile money tax.Suddenly the streaming of live world cup matches and highlights stalled.The discussion whatsapp forums were no more.Igorance had crept in.Then bit by bit,compliance to pay the tax and access the football streams was quick.But on second thought,this now seemed like day light robbery.Unfair,unjust,inconcievable.The protests to have a second view via the Video Assistant Referee (VAR )is on.

The big picture here,is that,with many unwarranted taxes at play,the sportsfinance chain is squeezed out .
Here is a sector in the country that gets a meagre margin of the national budget.A sector whose structures are in dire need of tax incentives.One,whose value chain has been promoted with mobile money transactions.And yet now,on the brink of failing even the little efforts thus far .Sports equipment stores are involved in manƴ cashless transactions for example,as the clietelle is spread allover the country.With delivery services at the doorstep part of the stores' supply chains,the procurement has been going on smoothly.

The trends may change,with many about to shun the payment platform.We await the VAR verdict.

lambertrusoke@gmail.com






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