Gambia Revenue Authority (GRA), in collaboration with the governor’s office,
will hold a regional tax seminar today in MansaKonko, Lower River Region.
This is part of the authority’s effort to sensitise and educate opinion leaders, business community and the general public on the importance of Value Added Tax (VAT) and the benefits attached to payment of taxes on time.
The sensitisation is a continuation process that the authority has embarked on across all the regions in the country.
The regional tax sensitisation campaign is out to improve the understanding of local authorities and businessmen and women on VAT charging mechanisms and clarify some misconceptions associated with VAT as well as to educate them on other tax types liable to pay.
The primary mandate of GRA is to collect revenues for government for national development and to finance government’s recurrent expenditure on development programmes and projects.
“To achieve this noble goal, GRA continues to make good on its tax administration capabilities by properly assessing, levying and collecting all taxes that are due to government in a fair and transparent manner whilst at the same time creating the enabling platforms that facilitate taxpayers compliance,” the GRA said.
The authority is committed to helping government achieve budget stability and increased fiscal space.
The mission of the authority is as well to asses, collect and account for national revenue in an effective, equitable and transparent manner, to support socio-economic development and security through effective and efficient revenue administration and preventive measures and to reduce the compliance burden on taxpayers.