Fana: At a Speed of Life!

Addis Ababa collects 12 bln Birr revenue in first quarter

Addis Ababa, October 11, 2021 (FBC) – The Addis Ababa Revenue Bureau collected 12 billion Birr in the first quarter of the current fiscal year.

The Bureau also announced efforts to notify Grade A taxpayers of their taxes and collect the taxes until the November 9, 2021 deadline.

The Bureau Head, Mulugeta Tefera said that expansion of the task base in Addis Ababa has been one of the major activities carried out in the current fiscal year.

The measures taken in this regard include incorporating non taxpaying members of society into the tax system and raising the number and kind of activities included in the tax system.

The Bureau plans to collect 48.5 billion birr in the entire fiscal year. The Bureau head indicated that one of the basic activities undertaken to realize the plan is to strengthen the relationship between the Bureau, the taxpayer community and other stakeholders.

The Bureau has gone a bit more than its plan for the first quarter as it collected 12.26 billion birr, 5 percent more on its original plan of 11.59 billion birr.

Compared to the same period last year, the revenue collected during the three months has increased by 40 percent, Mulugeta indicated.

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