Site icon The Times Group Malawi

Lawmakers hail Malawi Revenue Authority performance

MRA offices

Steven Kapoloma

The country’s lawmakers on Monday hailed the Malawi Revenue Authority (MRA) for achieving 96 percent revenue collection in the first half of the financial year 2020/21.

In his Mid-Year Budget Statement, Finance Minister Felix Mlusu said, during the first half of the fiscal year, his ministry had set a tax revenue target of K568.3 billion but that K548.7 billion was realised, representing tax revenue collection performance of 96.5 percent.

He said the impressive performance in tax collection was recorded in taxes on income and profit, and capital gains as MRA focused on enhancing compliance.

In his response to the statement, Blantyre City West lawmaker Steven Mikaya said it is commendable to see that MRA has collected 96 percent during the Covid period.

He said the impressive performance is coming against the mess that was at MRA in the past years and hoped that after clearing the mess, the tax collector is geared to collect much more.

Mzimba South lawmaker Emmanuel Chambulanyina Jere said if it were in class, a score of 96 percent would be a definite distinction.

“That clearly shows that the team that we have , the restructuring that has taken place for the past few months has given confidence and that they have been able to run even in the difficult period of Covid in ensuring that every money that is supposed to be collected is collected,” Jere said.

Mangochi South MP Lillian Patel also hailed MRA for the outstanding revenue collection and hoped that the improved revenue performance was a result of efficiency at the tax collecting body.

Patel said to achieve 96 percent under the circumstances could mean that either the officers must have been working hard or milking the already thin cow.

“So I don’t know, but if it is efficiency, then well done,” Patel said.

Meanwhile, MRA’s Head of Corporate Affairs Steven Kapoloma has said the tax collector has eased access to its services in the era of Covid through the introduction of Msonkho Online.

“The system provides a premier online taxpayer service where taxpayers can quickly and easily register for tax, file tax return or pay taxes 24/7 via the MRA website

“Furthermore, the system is quick, easy, tailored and secure and allows you to manage your tax transactions at a time that is convenient for you, either from your office, home or from anywhere in the world,” Kapoloma said

He said MRA is implementing Msonkho Online to enhance efficiency and effectiveness in tax compliance including taxpayer service management by improving and automating business processes in the Domestic Taxes Division.

Facebook Notice for EU! You need to login to view and post FB Comments!
Exit mobile version