From July to December 2018, RRA collected Rwf654.4 billion in tax revenue while the target was Rwf651.5 billion. Compared to Rwf582.9 million collected in the first semester of the financial year 2017/18, there is additional revenue of Rwf71.5 billion translating a growth of 12.3%.
Non-tax revenue collected amounted to rwf11.6 billion compared to the target of Rwf8.9 billion, a 130.2% performance.
The performance in tax revenue collection was attributed to lower inflation, increased agricultural production, improved voluntary compliance of taxpayers and administrative measures taken such as audits among other reasons.
Local Government (LG) taxes and fees collection totaled Rwf22.7 billion, with a shortfall of Rwf0.4 billion to the target of Rwf23.3 billion that had been set.
“The economy was projected to grow by 7.5% during the 2018/19 financial year and the data released by the National Institute of Rwanda shows a growth of growth of 7.7% for the first quarter of (July to September 2018) of 2018/19 fiscal year,” said the Commissioner General of Rwanda Revenue Authority (RRA), Pascal Bizimana Ruganintwali.
Ruganintwali said that RRA recovered Rwf20 million among people who had debts in taxes and tough measures are under implementation to recover all the money the Government is owed by debtors.
Ruganintwali also thanked the taxpayers who fulfil their duties and asked for a participative hand in fighting those who don’t comply with paying taxes though he said they are few.