OUR DOORS ARE OPEN FOR PAY­MENT AR­RANGE­MENTS - SRA

Swazi Observer - - BUSINESS - Sto­ries by Ma­jaha Nkonyane

SWAZI­LAND Rev­enue Au­thor­ity (SRA) Com­mis­sioner Gen­eral Du­misani Masilela has cleared the air when it comes to spe­cial pay­ment ar­range­ments for tax pay­ers and com­pa­nies.

He said they ap­pre­ci­ate tax­pay­ers com­ing for­ward to make spe­cial ar­range­ments when it comes to their taxes. “How­ever this is not to say we will stop in our re­spon­si­bil­ity to col­lect tax as man­dated by the gov­ern­ment,” he said.

Masilela said as a gov­ern­ment body, they ap­pre­ci­ate the eco­nomic en­vi­ron­ment and are look­ing for­ward to such a time where they can come to a tax­pay­ers doorsteps or com­pany door steps. The idea of com­ing clean through vol­un­tary dis­clo­sure pro­gramme is open.

“It is worth not­ing that the vol­un­tary dis­clo­sure pro­gramme in place will only be ef­fec­tive when tax­pay­ers openly come to us with­out prior com­mu­ni­ca­tion from our of­fice and they pro­vide us with full ac­cu­rate de­tails,” he said.

He said SRA viewed busi­ness as a key part­ner and their strat­egy makes it easy to com­ply.

Masilela said they had shown this, through lis­ten­ing to the pub­lic when they com­plained and had stag­gered sub­mis­sion of an­nual re­turns as.

“Our doors are al­ways open for en­gage­ment. SRA is not a mon­ster that is out to kill busi­nesses in the coun­try but a part­ner in busi­ness that is con­cerned about the wel­fare of busi­nesses.

“As com­pa­nies make more prof­its, we are happy to make more money through reg­u­lated tax, putting into con­sid­er­a­tion that we have a 27.5 per cent stake in ev­ery com­pany, we are not out to make new tax laws that are meant to milk com­pa­nies dry,” he said.

Masilela said the role of SRA was the im­ple­men­ta­tion of the agree­ments (move­ment of goods and ac­cord­ing spec­i­fied pref­er­ence), reg­is­tra­tion of man­u­fac­tures/ex­porters to gain ac­cess into mar­kets un­der the agree­ments, ad­min­is­tra­tion of the rules of ori­gin of each trade agree­ment and Is­suance and val­i­da­tion of cer­tifi­cates of ori­gin.

(Pic: Ma­jaha Nkonyane)

STAKE­HOLD­ERS: Cap­tains of in­dus­try gath­ered dur­ing the SRA ses­sion at Royal Vil­las dur­ing the SRA pre­sen­ta­tion to cap­tains of In­dus­try.

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