MRA registers 4.38% drop in tax revenue

The Malawi Revenue Authority (MRA) collected K34.6 billion in August, registering 4.38 percent drop in tax  revenue.

Ralph Kamoto. MRA boss: Drop in tax revenue
Ralph Kamoto. MRA boss: Drop in tax revenue

In July, the Authority collected K40.9 billion, according to its report.

MRA had projected to collect K36.2 billion in the month of August, but only collected K34.6 billion, K1.6 billion shy.

However, the authority has managed to surpassed its projection for  the financial year. It has accumulatively collected K75.61 billion from the projected K75.6 billion.

Other tax collections that have performed include corporate tax K1.11 billion  over a projected K938 million and  excise duty at MK4.6 billion above a  projection of MK4.2 billion.

Meanwhile, the authority is expected to contribute at least K492 billion towards the zero-aid budget in the 2014/2015 financial year.

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nkhedu
6 years ago

kaya musova akanganya inu

Tracee
6 years ago

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Mabvuto
Mabvuto
6 years ago

Kamuzu never trusted lomwes.ask gwanda

Mra
Mra
6 years ago

Mra ikuluza ndalama kamba ka anthu kuba. This is what happens.
Anthu akatumiza katundu kuchokela kunja. They inflate the charges. Eg Katundu uyu kuombola ndi 500 thousand. They dont even explsin how they get to the figure. Olo munthu atumize second hand things amangonena momwe aganizila olo awone ma receipts a katundu.
Munthu mpaka kumanenelera zoona? Kenako from 500 mpaka 100 then alembe receipt la 30 ati 70 akagawane. Mchitidwewu tikupabgitsa tokha amalawi. In a day Malawi looses millions. Ndalama zotizikanathandiza mzipatala etc. I will go undercover to expose these thieves. Dont say I didnt warn you. U better stop.

chekambewa
6 years ago

Kodi mungolimbana ndi Alomwe amadya kwanu? atumbuka kwao mkubela mayeso then kumazitamandira kuti our intelligent. i have evidence watc out ndikuululani

CTP
CTP
6 years ago

why promoting only guys from head office mostly and Namalomba’s friends only ? You have motivated few and demotivated alot officers.

yabwata
6 years ago

Torerani mumpatse MULI ife wosauka tizipereka msonkhoyo

patriot
patriot
6 years ago

Bwana amatha kutolera misonkho ndi uja anamuchotsa uja osati mlomweyu.
Sizinti zizinka ziku dilizika dilizika.

pika
pika
6 years ago

more drop is expected this month and the coming months. Reason is low motivation of staff. Promotions only given to officers at headquarters staffs leaving hardworking outstation officers under motivated. If you improve this you save your remaining good image apo bi. The head will be the worse CG ever

WOCHI
6 years ago

NKNKHALAMBAZI ZITIPWETEKESA ZEDIi !! IWOWO WANA WAWO ALI KU USA SAKUWONA KUWAWA KWA PA MALAWI !!!

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