The Zambia Revenue Authority (ZRA) has called on individuals and businesses to maintain consistent tax compliance as Government targets K233.66 billion in domestic revenue for the 2027 National Budget.
ZRA Corporate Communications Manager Oliver Nzala says domestic revenue is projected to finance 82.1 percent of the K284.77 billion Budget, reflecting the country’s growing reliance on resources collected locally.
Mr Nzala notes that domestic revenue’s contribution to the National Budget has increased from 58.7 percent in 2021 to 76 percent in 2024, with Government targeting a further increase to 82.1 percent in 2027.
He says achieving this projection will require taxpayers to register for the appropriate tax obligations, maintain accurate business records, file returns on time and pay the correct taxes when due.
Mr Nzala adds that improved tax compliance will strengthen Government’s capacity to finance public services and national development priorities using locally generated resources.
He has also encouraged businesses and individuals operating outside the tax system to formalise their activities and seek guidance from ZRA on their tax obligations.
By Rachel Mumba
