Give tax rebates for broadband investment: DA

The Democratic Alliance recently published its 2015 Alternative Budget, which calls for a tax rebate for investing in broadband infrastructure.

According to the DA, the government’s policies and action plan are fundamentally flawed, and this requires urgent attention.

“The Budget is the perfect opportunity to beat a new path to growth and prosperity,” the DA said, adding that its alternative budget is focused on jobs.

In its 2015 Alternative Budget the DA lists 81 policy proposals from its policy set that it believes “will have an impact on government revenue and expenditure”.

One of these proposals is to offer tax rebates for investing in broadband infrastructure.

While this proposal will lose the country R600 million in tax revenue, the DA argues that a tax rebate will encourage private investment in broadband infrastructure.

The DA is also proposing additional investments in information and communications technology (ICT).

“Greater access to fast, reliable, and affordable Internet and telecommunications services can add significantly to South Africa’s growth potential.”

It proposed support for private sector initiatives to promote ICT access, including a possible tax rebate for investment in ICT infrastructure.

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Give tax rebates for broadband investment: DA