Hon Deputy Speaker and members, fiscus as a liability and the provision of public service delivery is premised upon two distinct pillars, firstly, the efficient and effective collection of monies through our various taxes, and secondly, the efficient and effective use thereof by government in their spending.
In the first instance, it is necessary that out tax administration and collection of revenues held the highest standards. Tax law enforcement must be capacitated and those persons and companies who are found trading products in the market for illicit goods, for example, tobacco, should be investigated and successfully prosecuted.
In the second instance, responsible, ethical and lawful administration, and use of the fiscus by government when spending is critical, particularly when we find ourselves caught at a crossroad. Hon members, in terms of the Tax Law Amendment Bill, we support the consolidated
regulations especially as they relate to electronic services.
But we would like to seek better distinction between business-to-business and business-to-customer. We don't want to see additional barriers emerged in the open market space between businesses as they can only negatively impact economic growth. Hon Deputy Speaker, social transformation is heavily dependant on the taxation of the private sector.
The sector is well placed to create jobs and to lift our people out of dire circumstances. But we must be honest in asking ourselves if we are taking the right measures to showcase our country as an attractive destination for foreign direct investment. Hon Deputy Speaker, on the domestic front, we must address the crisis of youth unemployment. We applaud the efforts in the refinement of the Employment Incentive Skill, the Pay As You Earn, and we fully support the mechanisms which will improve our system to ensure that we continue to monitor and evaluate current programmes in government.
Therefore, the committee's recommendation on the study to be conducted by SARS and National Treasury in looking at the successes and challenges of the Employment Tax Incentives is critical, in order to get this right. Hon members, we will never be able to address the ills of social inequality, the indignity of poverty and the desperation of hunger if we don't get our people to work, into training and ownership, and future wealth creations.
We must ensure that our tax incentives are not too complex to drive away voluntary take-ups of the incentives. We should send the message to all private companies that, as simple as it sounds, tax incentives are exactly as simple as they are. Hon Deputy Speaker, in conclusion, the IFP employs government to seriously consider the establishment of a Chapter 9 Integrity Commission which will be able to independently investigate and prosecute those involved in corruption in our public service.
The IFP supports the recommendations and the Bills. Thank you. [Applause.]