TRA collects impressive revenue in Kilimanjaro
Tanzania Revenue Authority (TRA) in Kilimanjaro region has, between July and September this year, collected 8.7bn/- in domestic revenue which was 79.13 per cent of 11bn/- in proposed regional budget, TRA Regional Manager, Mrs Patience Minga said.
She said Customs Department fetched a revenue of 10.2bn/- which was 71.9 per cent of the projected collection of 14.2bn/-, adding that in total, direct revenue and customs departments collected 19bn/-, equal to 75 per cent of the set target of 25.3bn/-.
Mrs Minga said Value Added Taxes (VAT) and Pay as You Earn (PAYE) contributed immensely by 60 per cent of the total revenue collected, adding that some stalled industrial units are denying government the statutory levies immediately after they were acquired by seemingly capable investors.
She further stated that tax revenues increased by 4.8 per cent from 73.6bn/- during 2010/2011 to 77.2bn/- the following fiscal year, an increase of 3.5bn/-.
Mrs Minga said one of the challenges facing TRA in the region was to surpass set revenue collection budgets for the current fiscal year, urging TRA workers to work hard to realize what they have resolved to implement. She also revealed that TRA management will explore new sources of revenue which are badly needed to bolster social services and improve people’s welfare.
By PETER TEMBA, Tanzania Daily News
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