By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Kenyan tech firm modernises Liberia’s revenue collection
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Business > Kenyan tech firm modernises Liberia’s revenue collection
BusinessTech

Kenyan tech firm modernises Liberia’s revenue collection

hallanaija
Last updated: April 26, 2023 5:45 pm
hallanaija
2 years ago
Share
Liberia
SHARE

Liberia has successfully launched the Liberia Integrated Tax Administrative System or ITAS, courtesy of technical assistance from Farsight Africa Group – a Nairobi-headquartered strategic communications and technology firm.

The system, developed for the Liberia Revenue Authority (LRA) by Farsight Africa and Tunisian software partner, ArabSoft, will facilitate digital registration, online filing, and payment of tax returns.

LRA officers, who have received extensive training implementing and supporting the system, will use it for country-wide tax collection.

The new system is expected to increase revenue collection in Liberia and make tax filing easy and efficient for citizens, thus reducing the cost of compliance for taxpayers.

Liberia

Moving tax filing to the digital space will mean that registration can be integrated with real-time authentication with institutions like National Identification Registry Liberia (NIRL).

Filing returns will be automated and feature real-time assessments, instant taxpayer feedback, and available 24/7 service covering Income tax (CIT and PIT), withholding taxes, royalties, and all other related government levies.

Payments can be made online at the taxpayer’s convenience, with banking institutions and mobile platforms already integrated and banking facilities extended to the taxpayers’ premises.

READ MORE  Concerns about AI in pornographic entertainment are growing

The new digital system is expected to not only increase revenue but also familiarize Liberians with online services, which is a step forward in the government’s plan to engage the population digitally in service provision.

Speaking during the project launch, project director, Mr Joel Gachomo, congratulated the team and noted that the achievement is a demonstration of Farsight’s commitment to exceptional service quality to its clients.

He further lauded LRA for their cooperation in availing the resources needed to execute the project.

“We have dedicated ourselves to delivering this project in the last one and half years, and we are glad that we have finally launched this project at LRA”.

KETRACO plans to construct a Ksh.11.6B control center to boost the national grid’s efficiency.
Kenya’s rich get richer as gap with the poor widens
Google uses nuclear energy to power its AI data centers.
Adani purchases an 80% share in the offshore company Astro.
As trade negotiations continue, the US calls Kenya out on corruption.
Share This Article
Facebook Email Print
Previous Article dollar Dollar market distortion eases after President Ruto directive
Next Article housing State clarifies contributions for cheap housing voluntary
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Bobby Ogolla urges gov’t to involve retired players in sports management
  • Former Mali PM charged following social media post
  • Words are very important and can lead to unintended consequences —Trump says as he orders Nuclear Submarines closer to Russia
  • Former police officer Hiram Kimathi arrested over links to ‘FBI’ movement
  • South Africa arrests 1,000 illegal miners

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?