By Chief Correspondents, Dar es Salaam
and Nairobi, 16:30 GMT
Tanzania’s tax revenues rose 29.18
percent from 1.335 trillion of last month to the total amount of TZS 1.767 trillion
in September 2019, the Tanzania Revenue Authority (TRA) said today, a figure
that sets a new monthly revenue record in the East Africa’s fastest growing
economy.
The increase, highest in the monthly revenue
history of Tanzania since the Independence in 1961, and the biggest ever since
the creation of the Tanzania Revenue Authority (TRA) which started its operations
on 1st July, 1996, is a reflection of the massive transformation
work under the reform minded President John Pombe Magufuli.
“These collections amounts to 97.20
percent of our target for the month of September, which is, TZS 1.817 trillion,”
said the Commissioner General of TRA, Dr. Edwin Mhede. Monthly revenues
averaged TZS 1.3 trillion from TZS 850 billion prior to Magufuli
administration.
Since November 2015, President Magufuli
dismissed about 4 TRA bosses, demanding more action on tax collections.
Transformation and demand for widened tax sources were extended to improvement
in digital ways of tax administration, improvement and efficiency among public
parastatals and amplified taxpayers’ awareness.
“The TRA can tell us more secrets on the
new record, but looking critically at the economic dynamics in Tanzania, I can confide,
the investment in new digital based tax and other revenue collection mechanisms
such as the EFDs (Electronic Fiscal Devices) are finally paying off in Tanzania
and some other few African countries I know,” says Jonathan Nguma, a Nairobi
based tax consultant.
Today a main luxury tax object is the automobile, largely because registration requirements facilitate administration of the tax.
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