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Rwanda’s Total Revenue Collection Increased To Rwf514billion

Rwanda
Rwanda

Rwanda’s total revenue collections, excluding local government tax and fees, increased to Rwf514 billion in the main semester of 2016/2017 fiscal year compared to Rwf470.6 billion gathered during a similar period last year.

However, the figure falls short of the set target of Rwf516.5 billion and represents 99.7 per cent of performance level.

According to the Rwanda Revenue Authority (RRA), collections from local government taxes and fees, which include trading license, property, tax rental income and income tax among others, amounted to Rwf16.7 billion against the target of Rwf17.8 billion.

Richard Tusabe, the RRA Commissioner General, attributed the growth in collections to the increasing number of new taxpayers, strong monitoring mechanism and increased uptake of Electronic Billing Machines (EBM).

The revenue body vowed to keep widening tax base and to bring more people into the tax net to boost revenue collections going forward.

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