By, April 17 -- Thoboloko Ntsonyane
MASERU - The Revenue Services Lesotho (RSL) now notes a boost in revenue collection. This, the Commissioner - General 'Mathabo Mokoko says during the tabling of the national revenue performance report for the financial year 2023/2024.
RSL collected M8.87 billion in taxes, representing a 12.5% increase in revenue collection. This improvement is M0.91 billion against the M9.78 billion target set by the government, a 9.3% gap.
Over 1 000 new taxpayer registrations have been documented, mostly in agriculture, retail and construction sectors.
The increase is a result of strategic projects RSL implemented to enhance for the purpose of enhancing collection goal achievement. These include increasing online pl...