This means that from November 1, 2016, all companies will now be required to pay corporate tax through their respective banks.
ZRA director of finance Timothy Milambo said tax evasion is a huge challenge and the authority is putting in place measures to reduce the malpractice.
“Having the electronic system in place is one way of reducing these incidents, and going forward we would want to have all taxpayers to be using the electronic [e] channels. This way, businesses will still be attended to since people will make their payments in the comfort of their offices.
“So by November this year, all company taxes will be paid through the banking system. We want to start with large and medium taxpayers, then, roll out to other small tax payers,” he said recently during a meeting on anti-money laundering.
Mr Milambo said there are several benefits that are associated with using e-tax payment platforms.
“There is no queuing up while businesses are on hold as it is happening currently. It will be cheaper and entities will save time because they will not have to stop their businesses to pay tax,” he said.
ZRA recorded an overall collection of about 65 percent of transactions for customs and 45 percent of transactions for domestic since the introduction of the e-payment in 2014.
“Since the introduction of e-payment, we have had a very positive feedback particularly from large taxpayers’ category that have been utilising the services, they have explained to us that the system is quite efficient,” Mr Milambo said.