Business

ZRA collects K27m in taxes

ESTHER MSETEKA, Lusaka
THE Zambia Revenue Authority (ZRA) has collected over K27 million in taxes against the annual parliamentary target of K26.6 million, exceeding the target by K400,000 last year.
Commissioner-general Berlin Msiska said out of about K27. 6 million, ZRA collected about K11.2 million from customs services of which excise duty accounted for about K2.8 million.
In response to query on Friday, Mr Msiska said import value added tax (VAT) was about K6.4 million, customs duty was about K1.9 million, while export duty was K22.6 million.
“From the taxes collected during the year under review, domestic taxes amounted to a total of about K16.4 million of which company tax was about K3.5 million, domestic VAT was about K3.2 million, while other domestic taxes including pay as you earn,” he said.
Mr Msiska said ZRA has continued to engage various cooperating partners for financial and technical support in its quest to improve operational efficiency and service delivery through enhancement of staff skills and development of new business processes.
The donors engaged are the International Monetary Fund (IMF), International Finance Corporation (IFC), Investment Climate Facility (ICF), Norwegian government, International Growth Centre (IGC), the United State Treasury Department and German Federal Enterprise for International Cooperation (GIZ).
Meanwhile, ZRA has continued to build capacity to deal with staff calibre through its integrity committee and internal affairs unit.
“The human resource department has continued to exercise its mandate of ensuring that all staff adhere to the disciplinary code of conduct. The Authority has also recruited about 48 university graduates as management trainees with the unwavering support from Government,” he said.

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