Zambia Revenue Authority (ZRA) says it had a successful performance last year and exceeded its revenue target by K379 .1 billion.
The authority has since attributed its positive performances to a conducive macroeconomic environment, support from government and compliance by tax payers.
Addressing the media during g the end of year briefing, ZRA Commissioner General Chriticals Mwansa disclosed that the authority was given a target of K7, 814 billion or 17.1 percent of Gross Domestic Product (GDP) but collected K8,193 .8 billion or 17.9 percent of GDP.
“This favourable tax revenue performance was largely attributed to higher collections under company tax, Pay As You Earn (PAYE), withholding tax, excise duty, import duty, customs duty and medical levy,’ he added.
He said ZRA would scale up co-operation so as to enhance information and data sharing for purposes of widening the tax net.
He added that the commission would continue to implement the modernization program that is aimed at improving internal operational efficiency and reduce compliance cost borne by taxpayers.
Mr. Mwansa further disclosed that ZRA through intensified investigations on deliberate tax evasion activities successfully prosecuted 14 tax payers who were convicted in the courts of law.
And ZRA is to introduce mobile scanners that are expected in the country in March this year to enable the authority to see what goods are in the containers without opening cargo.
He said the service, is among other measures that ZRA introduced last year in its effort to improve operations.
Other measures include the rehabilitation and construction of new infrastructure in some of the boarder posts and stations and the launch of a customs accredited clients program that is intended to recognize and reward compliance efforts by importers through speedy clearance of their consignments at the borders.
ZRA says capturing the informal sector and those operating cash businesses in the tax net has remained a challenge to the institution.
ZRA Commissioner General Chriticlas Mwansa says the authority would this year undertake capturing of the informal sector seriously.
He however pointed out that challenges can only be overcome by fostering strategic partnerships among all the stakeholders especially the general public.
And Commissioner for Domestic Tax, Wisdom Nhekairo has disclosed that the implementation of the pre-emptive tax introduced on buses was a success in rural areas.
He said it was easy for ZRA to collect tax in rural areas because buses operate from one location unlike in urban areas where the operators keep changing their location.
Mr. Nhekairo said ZRA has not failed to implement the tax net, but regretted that bringing every operator in the tax net was a big challenge.
Meanwhile Mr. Mwansa says the introduction of the customs union in the Common Market for Eastern and Southern Africa a(COMESA) and South Africa Development Community (SADC) would generate activities in the economy that will cushion the loss of revenue.
He however stated that the authority was aware of some of the frauds that people would want to engage in so as to benefit from the trade agreements.
He said there are possibilities that people might want to cheat on the origins of goods and transits of such goods so as to benefit from the Customs Unions (CUs)