To improve revenue collection to fund the Government’s development and security needs, the National Revenue Authority (NRA) has identified and commenced the implementation of twenty-one (21) corrective measures geared towards closing revenue leakages and improving the integrity of the revenue administration.
One such measure is the prevention of forgery of Classification and Valuation certificates (CVCs) issued by a government contracted company, the Integrated Trade Service (ITS). This measure allows direct access by NRA Customs Services Department officials to the CVCs, ensuring quoted valuation is unaltered prior to Customs’ consideration.
These measures are likely to infuriate certain individuals and/or groups of people who may be beneficiaries of the bad practice the NRA seeks to eliminate.
It is important to emphasize that the Government has not imposed any new taxes as evident in the Finance Act 2025 since it is convinced that revenue collection in 2025 can be improved just by strengthening tax compliance and reducing leakages without necessarily raising tax rates or imposing new taxes.
The public is therefore encouraged to support the NRA in its quest to improve the integrity of revenue administration by discouraging any group of individuals poised to under-declare, misclassify, forge documents or collude with our staff to bring disrepute to tax collection.
The NRA remains available to address concerns from any group of taxpayers whilst being committed to maintain integrity and our core mandate of revenue mobilization.