Letete, Puseletso Idleatte

2018-03-29T12:18:15Z

2018-03-29T12:18:15Z

2008

The introduction of VAT in Lesotho marks a change of tax regime, from a single-stage tax (sales tax) to a multiple-stage tax (value added tax). The main issues which led to the change of regime are; the decline in Lesotho's share of revenue from the Southern African Customs Union 'pool'; the restrictive nature of the legal features of sales tax; and the administration problems and inefficiencies which undermined the implementation of sales tax. The main question which this study investigates is whether the introduction of VAT law system in Lesotho is successful and efficient. VAT is generally viewed as a modern tool towards achieving a stable and an efficient tax system. The VAT system in Lesotho is critically analysed on the basis of how VAT as a 'tax' has developed. The main focus is on the administration of the tax. The main components which are used to evaluate the system are; - the legal structure of the tax and the administration strategies for its implementation. These components of the VAT system are evaluated through the use of library research tools and fieldwork research tools. The fieldwork research tools focused on two aspects; the administration and implementation of VAT; and the practical aspect of compliance by the business entities. The use of these tools is to critically analyse salient features of the Lesotho VAT system. Chapter 1 is an introductory chapter and lays out background information on the geographical; economic and taxation system of Lesotho. The main highlight is the geographical nature of Lesotho as a landlocked country and how that shapes its economic and taxation situation. Chapter 2 analyses the principles and features of a VAT; and deals with a comparison of VAT and sales tax. Chapter 3 analyses the legal structure of VAT in Lesotho. Chapter 4 deals with the establishment of the Lesotho Revenue Authority and the administrative implementation of VAT. Chapter 5 analyses the practical aspect of the implementation; and compliance with VAT. Chapter 6 examines issues of cross-border trade in the implementation of VAT in Lesotho. Chapter 7 is the general conclusion.

http://hdl.handle.net/1842/29222

The University of Edinburgh

Annexe Thesis Digitisation Project 2018 Block 17

Already catalogued

Introduction of value added tax legal system in Lesotho with particular emphasis on its administration and implementation

The introduction of value added tax legal system in Lesotho with particular emphasis on its administration and implementation

Thesis or Dissertation

Doctoral

PhD Doctor of Philosophy