It was one of the few days when taxpayers made merry and basked in honour before the prime minister for their role towards national development. The day was Monday 22, when the Rwanda Revenue Authority recognised both big and small firms who don’t need prompting before giving Caesar his due.
This was during the Tax Payers’ Day that was celebrated yesterday where some of the big and small companies in the country were also recognised for consistently paying taxes, with MTN RwandaCell, Crystal Ventures Ltd, I&M Bank, and Cimerwa Ltd emerging among the best among big taxpayers.
Ameki Colour and Bank of Kigali were also recognised as long-time exemplary taxpayers for the last 10 years.
The commissioner General of RRA, Commissioner General, Rwanda Revenue Authority Mr. Richard Tusabe, said that the award winners were not necessarily the largest tax payers of the year, but rather the most compliant in providing timely tax payments and adhering to tax procedures.
Rwanda revenue Authority-RRA has exceeded its target for the fiscal as it collected Rwf983.4 billion for 2015/16 in central government taxes, while Rwf40.5 billion was raised from local government.
RRA set high targets
According to RRA officials RRA targets to gather Rwf1084.4 billion for the 2016/17 fiscal year, which accounts for 55.6 per cent of the Rwf1, 949.4 billion National Budget.
“It’s in our plans to continue to sensitise Rwandans to pay taxes, scale up the number of taxpayers and increase efforts against tax evasion,” said Tusabe.
The revenue targets are higher than last fiscal year’s output given that Rwf983.4 billion was collected for 2015/16 in central government taxes, while Rwf40.5 billion was raised from local government.