BURS re-engineers revenue collection
Friday, October 09, 2015
Morris
The transformation is designed to create long lasting sustainable improvement in the speed and quality of change within the revenue service.
BURS is responsible for the assessment and collection of tax revenues comprising: Capital Transfer Tax, Customs and Excise Duties, Income Tax, Value Added Tax and Fuel levy, as well as the administration of statutory controls of bonded warehouses, border posts and other points of entry.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...