Concord Times (Freetown)

Sierra Leone: NRA Briefs Business Owners, Stakeholders On New GST Receipt

The National Revenue Authority (nra) On Wednesday 4th December Concluded a One-Day Sensitization of Traders and Stakeholders in the Moyamba District About the New Nra Goods and Services Tax (gst) Receipt. the Aim of the Sensitization Was to Inform Business People in the District That Starting January 2014, They Would Be Receiving New Receipt for Gst for All Goods and Services That Are Taxable.

According to a staff of the Domestic Tax Department of the NRA, Mary Musa, the Commission has introduced the new receipt so that anybody doing business or buying in wholesale will be able to know the amount of money being paid as GST "instead of just buying and receiving receipt without knowing how much you've paid in tax".

She informed the people that since the aim of the NRA is to ensure all tax revenues are collected to provide more resources for national development, the Commission willhave the opportunity to know the amount of money business owners have to pay as GST. She urged the people of Moyamba to always pay their GST so that NRA will be able to collect more money to support government'sdevelopment agenda.

Talking on the impact of the GST since it was introduced in Sierra Leone some years ago, one of the facilitators, also a staff of NRA, Mr. Mansaray, said they have moved from collecting billions to trillions of leones which, according to him, is now helping the government to undertake some projects without the support of external partners.

He cited the five kilometer road construction in every district headquarter town as projects purely being funded by the government of Sierra Leone from taxes paid by people. "The GST is 15% of goods bought and services provided, which is indirectly taken from customers," he explained.

In his statement, the Chairman, Council of Paramount Chiefs, Moyamba District, PC Foday Momoh Gulama, thanked the NRA for taking their sensitization to his district thus urging his people to cultivate the culture of paying taxes thereby contributing to national development.

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