The Liberia Revenue Authority (LRA) applauds taxpayers from Nimba County for contributing the highest to the revenue envelop collection from the counties for the first Quarter of 2017/2018.
According to the LRA, a total of US$1.8m was collected from rural and customs business offices across the 15 counties from July 1 to September 30, of which collection from Nimba County alone contributed a total of US$482.8k or 27 percent of gross receipts from all 15 counties.
A press release from the Revenue Authority says of the amount contributed by Nimba, US$378,000 or 78.3 percent came from Customs ports, with Luoguatuo and Ganta ports bringing in US$231k and US$147k, respectively.
LRA Commissioner General Elfreda Tamba also commends Maryland County for bringing in the highest Tax revenues of US$288.4k from the Harper Tax Business Office. Under the Customs component, Maryland contributed US$37k, pushing its total contribution to US$325, 395 or 18 percent.
Both counties are followed by Grand Cape Mount and Margibi Counties, respectively contributing US$240,238 and 230,049. Bong and Grand Bassa each contributed 8 percent, with collection in Bong totaling US$152,370 and US$150,430 in Grand Bassa. The release says Lofa County sits in the 7th position with a total revenue collection of US$96,336 or 5 percent.
In a Thank-You message to taxpayers, CG Tamba appreciates all taxpayers who paid their fair share of taxes due during the first quarter of fiscal year 2017/18.
“The tax payments you contribute to the revenue pot enable Government to meet its basic responsibilities to the people of Liberia,” she notes, indicating that if Liberia is to develop, appropriate investments in domestic resource mobilization and the funding thereof must be prioritized.
However, she says there is much more that could be collected and that the LRA is working hard at strengthening its systems and processes to facilitate the collection of the much needed revenue for the people of Liberia. Press Release