Mozambique: Decline in imports affects revenue collection at TIMAR, in Maputo port

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Mozambique: Decline in imports affects revenue collection at TIMAR, in Maputo port

11:41 CAT | 08 Jan 2021

Photo: Noticias

The decline in import volumes at the International Maritime Terminal of Maputo (TIMAR) in Maputo port affected state revenue collection in the 2020 fiscal year, resulting in TIMAR being one of the Tax Authority’s units which failed to meet the targets set for the year.

One of the reasons given by the unit’s managers is the reduction in import volumes as a result of the Covid-19 pandemic, affecting revenue from international trade.

The information was released in Maputo yesterday by President of the Mozambican Tax Authority (AT) Amélia Muendane at the end of a working visit to the port, after working that morning at the Maputo 2nd Tax Administration Division [‘Bairro Fiscal’].

Muendane said that Maputo’s 2nd Tax Administration Division had shown positive performance in relation to the goals established, and stressed to workers at the institution the need for a more interactive planning model and for senior managers to have a clearer picture of the risks involved in the tax collection processes.

Muendane encouraged managers to interact more with taxpayers, so as to become more aware of the challenges which arise in adhering to Tax Authority processes and procedures.

“We introduced, as an example, E-Taxation, an electronic payment mechanism, which helps taxpayers avoid traveling and minimises waiting time. Now, the taxpayer can process the tax declaration form and make the due payment from his or her office,” she noted.

Muendane also commented on weakness in the management of tax and customs risk, which would lead to the institution adopting, during the current year, greater rigor in inspection.

Muendane’s visit to Maputo city was essentially aimed at interacting with Tax Authority workers responsible for collecting revenue, but also to observe challenges in the different tax collection units and reduce constraints on revenue collection, especially in those areas which failed to meet goals.

Source: Noticias