Presidential Fiscal Policy and Tax Reforms Committee
Presidential Committee on Fiscal Policy & Tax Reforms

Statement of Purpose

Statement of Purpose

The key objectives of the Committee’s work

Harmonise taxes & levies

Consolidate multiple taxes and levies at all levels of government into a few that are broad-based and easy to administer.

Unify revenue collection

Unify revenue collection functions into a single agency per level of government as much as possible.

Modernise the tax system

Modernise and simplify the tax system, including the use of technology for revenue administration.

Data-driven intelligence

Leverage data for intelligence to curb evasion and aggressive tax avoidance.

Remove tax impediments

Remove tax provisions which serve as impediments to business and economic growth.

Institutionalise reform

Devise structures and frameworks to institutionalise reforms for effective policy coordination and collaboration across tiers of government.

Efficient collection

Improve efficiency of revenue collection and transparent reporting.

Tax for social good

Ensure effective utilisation of tax and other revenues for social good to boost citizens’ tax morale and drive voluntary compliance.

18% Tax-to-GDP by 2026

Transform revenue generation for sustainable development to achieve at least an 18% Tax-to-GDP ratio within the next 3 years, that is, by 2026.