Monday, August 1, 2016

TRA tops target, collects 123bn/- in Mwanza

NASHON KENNEDY in Mwanza
Mwanza TRA Regional Manager Ernest Dundee gave the assessment of the revenue collection at the weekend here. He said TRA recognises the existence of the businesspeople who have not been formalised and continues to register them to raise government revenue.

He said with government’s plan to distribute free electronic fiscal devices (EFD’s), TRA expects that the use of the machines would increase efficiency in the collection of government taxes. “One of the challenges contributing to limited revenue collection is the sale of fish fillets abroad has drastically decreased,” Dundee said. “For example, a decrease in the importation of goods has contributed to decline of revenue collection,” he said.
TRA is currently enforcing the use of EFDs in Mwanza region out of which 1,020 businesspeople who registered for the Value Added Tax (VAT), 1,011 are using the machines, an equivalent of 99 per cent.
“Traders are supposed to have those machine for providing receipts and use them in accordance with the law,” Dundee said, adding: “We’re continuing with public awareness programmes on the use of EFDs.”
According the TRA Regional Manager, 88 businesspeople were fined a total 113.1m/- for not using the machines in their business transactions.
Between July last year and June this year TRA has conducted 42 seminars, 20 radio show and spots, 40 public announcements and different exhibitions to secondary and primary schools students.
The authority’s future strategies are to work with other professionals to identify various sources of government revenue.

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