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Jumanne, 23 Februari 2016

Tax Compliance on the Increase

In its quest to ensure that at least 2trillion is collected per month, the government has managed to collect 1.79trillion last month up from 1.4 trillion collected in December. 

Acting Tanzania Revenue Authority (TRA) Commissioner General, Alphayo Kidata, said at a news conference in Dar Es Salaam that the money was collected from domestic revenue sources after proper systems to make thorough followups and ensuring overall taxpayer compliance.


Last month, Finance and Planning Minister Dr Philip Mpango expressed optimism that the government was set to collect 2tri/- in revenue per month in the coming days. According to him the plan aimed at ensuring that the country was free from donor dependence in its budget.
According to Mr Kidata, the authority had managed to surpass its revenue collection target in January after collecting 1.79 trillion/- making it the most outstanding feat in the taxman’s history.
Since the Fifth Phase government came to power, there has been improvement in tax collection each month. In November, TRA collected 1.3tri/- after the Fifth Phase government expressed its desire to up revenue collection figures.
In December, the figure increased to 1.4tri/-. Having collected 1.79tri/ last month, there is a likelihood of meeting the 2tri/- target at the end of this month.
The Permanent Secretary in the Ministry of Finance and Planning, Mr Servacius Likwelile, said yesterday that the government has released 842.1 billion/ to reduce the national debt, 81.1bn/- have been disbursed to the Pension Funds while another 573.7bn/- were used to pay salaries of public servants last month.
He explained that Tanzania Education Authority (TEA) had received 23bn/-, provision of free education 18bn/-, loans for students of higher education 13bn/-, rural water programmes 17.1bn/-, implementation of road projects 58.8bn/- and rural power projects 20.2bn/-.
Deputy Minister for Finance and Planning Dr Ashatu Kijaji said last week that the government had directed the Bank of Tanzania (BoT) to prepare a non-cash bond to pay the outstanding debt that it owes the pension funds.

Culled from Daily News


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