GRA exceeds D8.05B gov’t revenue target

Friday, February 01, 2019

The commissioner general of The Gambia Revenue Authority (GRA) has disclosed that through the compliance of their esteemed taxpayers, the authority was able to exceed their revenue targets set by government from 2012 to 2018.

Yankuba Darboe said in 2018 the authority was given a revenue target of D8.05 billion, but they ended up collecting a sum of D9.13 billion, which represents D1.08 billion or 13% above the set target.

He maintained that the authority’s revenue performance of 2018 also represented a nominal revenue growth of D1.16 billion or 15%, compared to the 2017 revenue collection of D7.97 billion.

As the number one revenue collector for government, Commissioner Darboe stated that GRA is committed to strengthening its partnership with their clients through continual engagement and dialogue.

“We will continue to improve our systems, processes and procedures in order to make compliance easy and cost effective. We will also endeavour to make sure that contracts with the authority staff are as pleasant as possible.”

To that end, he maintained that the Authority has developed an easy way to navigate the website to help disseminate vital information to taxpayers and any information deemed important for public consumption.

The formulation of tax policies, he went on, lay in the domain of the executive and the enactment of tax laws in the National Assembly.

Commissioner Darboe indicated that GRA’s mandate is exclusive to tax administration as in pursuance of that mandate, the National Assembly has conferred on the Authority powers deemed sufficient to compel compliance with tax laws.

He said the Authority remains steadfast in pursuing its mandate to ensure that individuals and entities pay their fair share of taxes as determined and legislated by the National Assembly.

While the powers conferred on the Authority to ensure compliance are quite strong in nature, he posited that good judgment dictates that engagements with taxpayers in a forum like that would yield the desired results without the need to revoke the powerful element of the law.

That, he added, also include those making the most accurate customs declarations and paying the right duties with minimal intervention from GRA.

“We are indeed proud of you all. We are a proud tax administrator today, thanks to our esteemed taxpayers. It is through their collaboration, partnership, and continued commitment to tax payment that GRA now accounts for more than 70% of government recurrent expenses. The average annual growth since the advent of HRS from 2007 till date stands at 10%. This achievement in revenue mobilisation has given government greater leverage in driving its development agenda forward,” he added.

Author: Abdoulie Nyockeh