‘ZRA has generated K416m since start of smart invoicing system’
Published On July 10, 2024 » 308 Views» By Times Reporter » Business, Stories
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THE Zambia Revenue Authority (ZRA) has generated over K416 million since rolling out the smart invoicing system in December last year, and transmitted a total of 195, 438 invoices worth K7.2 billion.
ZRA Commissioner General, Dingani Banda said as of July 04, 2024, the authority transmitted K416, 774, 380.77 of tax and invoices valued at K7, 238, 103, 842.60 on the invoicing system.
Mr Banda said in a presentation during a media briefing to update the nation on the progress made with the invoicing system that ZRA had during the same period on-boarded 12, 415 taxpayers on the system.
“Of the total taxpayer population on the smart invoicing system 6, 947 are Value Added Tax (VAT) registered, 4, 700 for turn-over tax while 649 are for income tax and 119 for rental tax,” he said.

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