Zuma owes R16.3m tax: DA
President Jacob Zuma could owe the taxman R16.8 million for the fringe benefits he derived from so-called security upgrades to his private Nkandla homestead in KwaZulu-Natal, the DA said on Wednesda
"The DA believes that President Zuma could have a tax liability of around R16.8m for the fringe benefits we calculate he received from the R246m of public money spent on his private home in Nkandla," Democratic Alliance MP Tim Harris said.
He said the "damning" report released last week by Public Protector Thuli Madonsela highlighted how Zuma had materially and improperly benefited from the upgrades, and in doing so violated the executives' ethics code.
While Madonsela had not explicitly stated how much Zuma owed for all the non-security items included in the upgrade, the DA had calculated, on a conservative estimate, that these could have been worth around R52.8m.
The DA believed Zuma should repay the full R52.8m, but even if he only paid the R10.6m specified by public works, the excess -- as a fringe benefit -- would trigger a liability of R16.8m in tax payable, Harris said.
-Sapa