Home
News
Msonkho Online advances for piloting

Msonkho Online advances for piloting

Parliamentarians were recently assured that the pilot phase for Malawi’s own integrated tax administration system called Msonkho Online, will roll-out in December, 2019.

In a presentation delivered to the Public Accounts Committee of Parliament, MRA’s Head of Corporate Affairs, Steven Kapoloma, said Msonkho Online will facilitate systematic management of taxpayer compliance obligations with more real time transaction like electronic submission of tax returns, among other services.

He said the system’s modules of Registration and Property Information; Taxpayer Accounting; Returns, Payments, Refunds, Exemption were completed and various test have been run on the new system.

“The completion rate of the project is at 84%. Four stages out of eight have been completed and piloting is expected to commence in December this year,’’ said Kapoloma adding that interfaces with external stakeholders and other MRA’s internal systems have also been developed.

With such a status, he said, taxpayers are assured of a robust and efficient tax administration where tax compliance will be improved and also effectively reduce tax evasion levels while widening tax net.

“Overall, MRA will be provide improved service delivery countrywide once Msonkho Online rolls out,” added the Head of Corporate Affairs.

The MP’s were further told that the total cost of the project is estimated at US$7.9 million and Government has so far disbursed US$2 million.

The MPs commended MRA for the job well done and assured the Authority that the Committee will do all it can to ensure that Msonkho Online as a project is very successful.

BY SYMON MAGURU

 

Tags:

Know Your Customer (KYC) NEW

Calculators and services

Terms and conditions apply

Exchange Rates

    USD - 741.72
    GBP - 923.66
    ZAR - 49.35
    EUR - 816.93
    CAD - 558.36
    JPY - 6.94
    AUD - 502.96