TRA optimistic despite missing collection target for 2017/18 – News



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Dar es Salaam. Tanzania Revenue Authority (TRA) is optimistic that it will reach the 2018/19 tax revenue collection target despite the absence of last year's collection goal of 9 , 4%.

Taxpayer Services TRAF and Director of Education Richard Kayombo said Tuesday, July 16 that Sh15. $ 5 trillion was raised last year against the goal of Sh $ 17.1 billion.

This implies that the collector was collecting an average of 1.2 trillion shillings on a monthly basis against an average of Sh1.42 billion that was required to collect According to the tax specialist, the shortfall is explained by the accumulation of tax arrears, but is not limited to the 39, accumulation of tax arrears.

The economist and business expert Donath Olomi said that Despite his inability to achieve the goal during the period, the goal of the tax man in the Current exercise has increased because it is responsible for collecting 18.2 trillion shillings to partially finance about 32.5 trillion shillings

This suggests that if the target is to be achieved, TRA will have to collect on average 1 , 5 trillion Sh per month

. During the last fiscal year, we have everything we need to achieve this year's goal. We have taken urgent measures to achieve the goals set without fail, "said Mr. Kayombo.

He hopes to be able to encourage more taxpayers to pay the arrears

This, through a rate offer of interest and penalties waiver of arrears for taxpayers making the claim by the end of November of this year

"We are now making every effort to recover the arrears. He also noted that TRA was working with various entrepreneurs in the country to educate and encourage traders on the need to install electronic machinery (EFD) – a development that should not be perceived.

In the same vein, TRA has already begun to broaden the tax base by registering small traders in the informal sector.

"TRA should do more than that. The government should ensure that all Tanzanians with an income pay taxes, in order to reduce the tax burden that has been transferred to a few, "Citizen Tel told Dr. Samuel Wangwe of the University of Dar es Salaam

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