TANZANIA’S TAXMAN COLLECTS 14.4 TRLN SHILLINGS FOR 2016/17

DAR-ES-SALAAM,The Tanzania Revenue Authority (TRA) has managed to collect a total of 14.4 trillion shillings (about 6.43 billion US dollars) from taxpayers in the country during the 2016/17 fiscal year, up from 13.3 trillion the previous year, or an increase of 7.6 per cent.

However, the government is reported to have missed its targeted revenue collection of 15.1 trillion by about 700 billion shillings.

TRA Director for Taxpayer Services and Education Richard Kayombo told journalists here Wednesday that the Authority had intensified its tax collection across the country, thanks to public compliance.

The authorities wish to thank all taxpayers for their response and others who are turning out in large numbers to pay their taxes at all our offices countrywide, he said. Kayombo also warned business people against using forged receipts, saying they risked prosecution.

He added that customers should not just claim receipts after purchasing a commodity; they should also make sure the receipt has accurate details of the date and amounts paid. For the purpose of ensuring maximum revenue collection, the TRA has encouraged the use of Electronic Fiscal Device (EFD) machines.

The campaign to ensure that customers are issued with EFD receipts is ongoing to ensure the government gets all due revenue, said Kayombo. On property taxes, the TRA official said building owners were reminded of the importance of willingly paying their property taxes to avoid legal action.

Source: NAM NEWS NETWORK