ZTP urges ZRA to strengthen use of electronic fiscal devices to curb tax evasion
• While ZRA has yet again exceeded the quarterly target, there are some areas worth noting with concern• Underperformance of indirect taxes reveals the need
Tag : Zambia Revenue Authority
ZRA exceeds Q1 revenue collection target
• On a Year on Year comparison, ZRA collected gross revenue of K26.5 billion in Q1 of 2022 as compared to K19.5 billion in same
Govt directs new ZRA Board to address tax administration challenges
• Government appointed the new ZRA on 14th March 2022.• The Board must ensure that ZRA services at border areas improve.• It must address tax
New ZRA board tasked to strengthen tax compliance
• The new board should develop an action plan to address challenges in tax administration.• ZRA must attain revenue collection target of above 21 percent
Economist advises government to stick to budget plans
• The best way to implement a budget is to remain stuck to your plan.• The best government can do this is to ensure that
Motor vehicles in transit to be moved on carriers – ZRA
• This is in an effort to support local companies in the clearing and forwarding sector• This measure is aimed at improving trade facilitation.• Over
K136 million paid to clear outstanding audited refund claims – ZRA
• Tax refunds are projected to rekindle microeconomic activity at the local level.• As at end of September 2021, there were about 3000 audited pending
ZRA collects K394 million from anti-smuggling operations
• We have a great number of genuine clearing agents and few bad eggs that always want to dent the image of the clearing industry.•
ZRA beats annual target
• The Authority has collected K59.450 billion against the annual target of K59.369 billion. • Refunded K7.846 billion mainly to the mining sector. • The
Continue being tax complaint – ZRA
• Avoid smuggling and other related items. • They are not good for your business. • Engage ZRA and get the right information on the