September 21, 2021
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- In our scorecard report for the second month (August) of the FY 21/22, we collectively managed to achieve 15% of our annual target of ST$529.1 million. Customs Services collected 87.7%, Inland Revenue Services managed to collect 31.9% whereas 0.3% collection was recorded for the Non Tax Revenues. Overall, I commend your efforts with regards to our revenue collection for August:
- Our actual collection for the second month of the current financial year is ST$42.3 million
- Customs services collected ST$28.6 million securing an excess amount of ST$2.9 million, achieving 115.6% of August target.
- Inland Revenue Services collected 87.2% of its August target with an actual collection of ST$13.5 million, shortfall amount of ST$2.3 million.
- August’s actual collection for NTR’s is ST$143,770, 104.7% achieved with a surplus of ST$12,576.