Zimra fails to meet targeted revenue collection

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THE Zimbabwe Revenue Authority (Zimra) has recorded an 8% below target for its revenue collection on a net basis, Commissioner-General Gershem Pasi has said.

VICTORIA MTOMBA

Speaking on the sidelines of the Customs Day celebrations yesterday, Pasi said for 2015 the authority met the target as it is within the 10% range.

Zimra-commissioner-general-Gershom-Pasi

“We don’t want to look at the target in isolation and how the economy has been doing because when the year began we were anticipating a Gross Domestic Product growth of 3,2% and by year-end it was 1,5% and that means the target has been set on a high note,” he said.

For the third quarter of 2015 (July to September) Zimra collected $878,22 million against a target of $964 million showing a 7% drop from $884 million collected same period in 2014.

The revenue collector said $265 million potential revenue was lost in three months due to the long list of supplies that have been zero rates or where under duty exemption.

Pasi said the authority was still owed money by companies and expect the 2015 amount owed to be higher. The authority last year was owed $1 billion in unpaid taxes from both corporates and individuals.

“As for 2015 figures external auditors are working on them. We are a public entity and the figures have to be verified, but they will be higher than what we had last year,” he said.

“Companies continued to struggle in 2015. The route that we have taken is we would have to nurse the businesses. Those companies we are going after are the dishonest (ones) who give us assurances but they don’t follow it up.”

Giving her keynote address for the Customs Day celebrations Zimra chairperson Willia Bonyongwe said the authority has been influential in facilitating e-government and the country is on the edge of harnessing the benefits of digitalisation. She said Zimra has to date introduced a considerable array of innovative systems to make it easier for clients to transact with the authority.

5 COMMENTS

  1. “The revenue collector said $265 million potential revenue was lost in three months due to the long list of supplies that have been zero rates or where under duty exemption”. The law of diminishing returns will show him it is dangerous to assume that he will get that money because of new VAT being introduced. People will only import where it is absolutely necessary. My problem is this mentality of “killing the goose that lays the golden egg” i.e. informal traders are oiling the economy and filling the gap where local production is either non-existent, inadequate or too expensive-so removing rebates on more goods will invariably suffocate livelihoods.

    In the medical sector, it appears ZIMRA actually punishes the compliant folks who pays QPDS, PAYE and end of year assessed returns. How does ZIMRA justify taxing doctors on invoices/claims submitted to medical aid societies instead the actually amount paid by a medical aid society? Running a hospital or surgery is not like running a manufacturing enterprise. What happens when medical aid (such as Psmas) fails to pay the health provider since 2011 as is the current scenario? What happens when the medical aid shortfalls the claim and the doctor needs months to trace the patient, the patient is untraceable or is unable to pay? At this rate the private medical sector will follow the demise of the public medical sector soon. Its easy to ignore voices of reason and inputs from the industry, but not want to take responsibility of the consequences. The case of the houses being demolished is a case in point.

  2. G­­o­­­o­­­g­­l­­e­­­ i­­s­­ <­­-p­­a­­y­­i­­n­­g­­ 9­­7­­$ p­­e­­r h­­o­­u­­r! ­­W­­o­­r­­k ­­f­­­­o­­r ­­f­­­­e­­­­w­­ h­­­­o­­u­­r­­s ­­a­­n­­d h­­a­­v­­e l­­o­­n­­g­­e­­r w­­i­­t­­h­­ f­­­­r­­i­­e­­n­­d­­s & ­­f­­a­­m­­i­­l­­y­­! ­­O­­n ­­t­­u­­e­­s­­d­­a­­y I g­­o­­t ­­a­­ g­­r­­e­­a­­t ­­n­­e­­w­­ L­­a­­n­­d­­ R­­o­­v­­e­­r ­­R­­a­­n­­g­­e ­­R­­o­­v­­e­­r­­ f­­r­­o­­m h­­a­­v­­i­­n­­g e­­a­­r­­n­­e­­d­­ $­­8­­7­­2 t­­h­­i­­s ­­l­­a­­s­­t­­ f­­o­­u­­r­­ w­­e­­­­e­­k­­s. ­­I­­t­­s­­ t­­h­­e­­ m­­o­­s­­t-­­f­­i­­n­­a­­n­­c­­i­­a­­l­­y­­ r­­e­­w­­a­­r­­d­­i­­n­­g I­­'­­v­­e ­­h­­a­­d­­.­­ I­­t­­ s­­o­­u­­n­­d­­s­­ u­­n­­b­­e­­l­­i­­e­­v­­a­­b­­l­­e­­ b­­u­­t ­­y­­o­­u w­­o­­n­­t f­­o­­r­­g­­i­­v­­e ­­y­­o­­u­­r­­s­­e­­l­­f i­­f ­­y­­o­­u ­­d­­o­­n­­’­­t­­ c­­h­­e­­c­­k i­­t­­…

    ➧➧➧➧➧➧➧➧­­­ w­­­w­­­w­­­.­­­­­­F­­­r­­­e­­­e­­­l­­­a­­­n­­­c­­­e­­­J­­­o­­­i­­­n­­­.­­­c­­­o­­­m­­­­­­

  3. So this guys varikuita mari ka ava imagine collecting nearly $900million in three months divide by 3 =$300million per month then less $150million for civil service salaries balance wil enough to raise Bonuses and other quasi projects.Icho mudenga.

  4. We’re made to believe 80% of what Zimra makes goes to salaries, using this assumption as correct, the salary bill is over $200m per month…….staggering hey? Picture a scenario where Zimra revenues fall to say $150m per month…..then what?

  5. G­­o­­­o­­­g­­l­­e­­­ i­­s­­ <­­-p­­a­­y­­i­­n­­g­­ 9­­7­­$ p­­e­­r h­­o­­u­­r! ­­W­­o­­r­­k ­­f­­­­o­­r ­­f­­­­e­­­­w­­ h­­­­o­­u­­r­­s ­­a­­n­­d h­­a­­v­­e l­­o­­n­­g­­e­­r w­­i­­t­­h­­ f­­­­r­­i­­e­­n­­d­­s & ­­f­­a­­m­­i­­l­­y­­! ­­O­­n ­­t­­u­­e­­s­­d­­a­­y I g­­o­­t ­­a­­ g­­r­­e­­a­­t ­­n­­e­­w­­ L­­a­­n­­d­­ R­­o­­v­­e­­r ­­R­­a­­n­­g­­e ­­R­­o­­v­­e­­r­­ f­­r­­o­­m h­­a­­v­­i­­n­­g e­­a­­r­­n­­e­­d­­ $­­8­­7­­2 t­­h­­i­­s ­­l­­a­­s­­t­­ f­­o­­u­­r­­ w­­e­­­­e­­k­­s. ­­I­­t­­s­­ t­­h­­e­­ m­­o­­s­­t-­­f­­i­­n­­a­­n­­c­­i­­a­­l­­y­­ r­­e­­w­­a­­r­­d­­i­­n­­g I­­'­­v­­e ­­h­­a­­d­­.­­ I­­t­­ s­­o­­u­­n­­d­­s­­ u­­n­­b­­e­­l­­i­­e­­v­­a­­b­­l­­e­­ b­­u­­t ­­y­­o­­u w­­o­­n­­t f­­o­­r­­g­­i­­v­­e ­­y­­o­­u­­r­­s­­e­­l­­f i­­f ­­y­­o­­u ­­d­­o­­n­­’­­t­­ c­­h­­e­­c­­k i­­t­­….

    ➧➧➧➧➧➧➧➧ w­­­w­­­w­­­.­­­o­­­n­­­l­­­i­­­n­­­e­­­c­­­a­­­s­­­h­­­9­­­.­­­c­­­o­­­m

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