6 July 2016

Tanzania: Sh13 Trillion Collected in 2015/16 - TRA

Dar es Salaam — The Tanzania Revenue Authority (TRA) said yesterday it surpassed revenue collection target by 0.04 per cent during the last financial year.

TRA commissioner general Alphayo Kidata told reporters here that Sh13.371 trillion was collected in 2015/16, up from Sh13.366 trillion in 2014/15.

"This has been achieved due to the commitment and efficiency of tax collectors... .the team was and is working around the clock in implementing TRA's strategies of increasing revenue collections... . We believe we surpass target in this financial year."

TRA has been plugging tax evasion loopholes and sensitising businesses to use electronic fiscal devices in an effort to increase revenue collection.

It collected a record Sh1.4 trillion in December 2015 and has maintained the tempo.

The level of revenue collected remained at above Sh1 trillion monthly in the first half of 2016.

That was above an average of Sh930 billion collected during the fourth phase government.

"In June we collected Sh1.414 trillion which was equivalent to 107.83 per cent of the Sh1.311 trillion that was targeted to be collected," he said, noting that the goal now is to ensure that every individual and company does pay tax in accordance with the law.

The TRA commissioner for domestic revenue, Mr Elijah Mwandumbya, has warned businesspeople against using forged receipts, saying they risk being prosecuted.

"We will have zero tolerance to such people," he said.

He also warned businesspeople who hold two different tax identification numbers to stop doing so or else they would face the music.

Tanzania's 2016/17 has been set at Sh29.5 trillion. The government plans to collect Sh15.1 trillion as tax revenue from domestic sources and Sh2.693 trillion as non-tax revenue.

Tanzania

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