Taxation is an avenue for government revenue to fund fiscal programs. Its compliance has for a long time been hampered by the hurdle of having to queue up to pay for the average citizen. In this digitization era, Barclays (the blue) and MTN (yellow) partnered with the Revenue Authority to provide a solution to enhance compliance.
“Today we partner with MTN Zambia and the Zambia Revenue Authority (ZRA) in launching a mobile tax payment solution that will allow MTN Mobile Money subscribers to settle taxes on their mobile phones. This is in line with our commitment to offer convenient banking solutions as part of our digital agenda,” Barclays Managing Director Mizinga Melu said.
MTN Chief Executive Officer Charles Molapisi acknowledged that the payment solution will enable remittance of domestic taxes.
And Zambia Revenue Authority -ZRA – Commissioner Finance Brigitte Muyenga was excited that the regulator (ZRA) was leveraging off technology to boost citizens tax compliance. Muyenga described this solution as a modernization of business process efficiency.