The National Legislative Assembly

A bill that empowers the Revenue Authority to take control of financial duties, including customs and taxations has been passed.

The Chairperson for the Economic and Finance Committee at the National Legislative Assembly, Goch Makuach, says the bill had been in the parliament since last year.

It states that the Revenue Authority will be collecting all taxes and customs duties and later pay a share of states concerned into respective accounts managed by the Ministry of Finance.

This means state agencies will no longer be collecting levies on their own.

“The employees of those institutions will be employees of the ministry of finance,” Hon Goch said.

“So now some will go back to the ministry of finance and others will join the new institutions by virtue of their merits.”

Hon Goch said the bill has been passed into law, pending the assent of the President.

He added that the Ministry of Finance will lead other government agencies in implementation once the bill is signed into law by the President.