The
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.
