Tax Authority Records Revenue Of Over 275 Billion Meticais
Maputo, 16 Dec (AIM) – The Mozambican Tax Authority (AT) collected this year, up until the end of November, revenue of 275.6 billion meticais (about 4.3 billion dollars) which represents 94% of its annual target.
The collection target set by the Budget Law for 2022 is 293.2 billion meticais, which represents an 11% growth compared to 2021.
The figures were disclosed on Thursday, in Maputo, by Amélia Muendane, chairperson of the AT, speaking at a seminar on the presentation of the AT’s communication strategy for 2023.
“Only six per cent of the goal remains to be collected, and we hope to collect that by December 31”, Muendane said.
Summarising the achievements for the year 2022, Muendane highlighted the creation, in March, of the Institutional Risk Management Center, and the start of the third phase of placing mandatory fiscal stamps on alcoholic beverages.
“We moved forward with the national programme of cooperative development within the implementation of the Vision of the Future Taxpayer 2020-2024, aimed at organizing the informal sector, which resulted in the creation of 203 new cooperatives throughout the national territory”, she said.
She stated that the AT also approved the taxation strategy for the digital economy, which guides the paths and steps to be followed for the start of taxation of this sector from 2023, ensuring that Mozambique can capture the operations that occur in this sector.
For 2023, according to Muendane, the AT will focus its activities on getting closer to the taxpayer. For this purpose, it will carry out, as from 9 January, the “taxpayer caravan”, a movement of tax education that aims to promote citizenship and improve citizens’ knowledge about taxes.
Notable among the planned activities for 2023 is the holding of a conference on taxation and the extractive industry, which will allow the exchange of experiences and knowledge with the various national and international players in this field.