Inland Revenue - MOF

Mission

 

To administer the tax laws in an efficient and effective manner to maximize State Revenue from internal taxation sources

Objectives

• Encourage and achieve the highest possible of voluntary compliance in accordance with the tax laws and regulations.

• Advice the public of their rights and responsibilities.

• Determine the extent of compliance and the causes of non-compliance.

• Do all things required for the proper administration and enforcement of the tax laws.

• Continually search for and implement new, more efficient and effective ways to accomplish this role.

• Broaden and expand the tax base in all areas of taxation, especially in the area of indirect taxes.

• Strengthen the compliance function through enforcement and decentralization.

• Introduce and develop tax policies and legislation which are conducive to revenue optimization and which takes cognizance of tax impacts on national savings and investments and sustainable growth.

• To improve taxpayers knowledge of the tax system and procedures.

• To educate and assist taxpayers and their advisors to understand their obligations and entitlements.

• To foster a culture of voluntary compliance, thus contributing to closing the tax gap and maximizing revenue collection.

• To improve public awareness of revenue administration and benefits thereof.

• To maintain ongoing engagement and contact with the taxpayers and other stakeholders.