The key objectives of the Committee’s work include:
- Harmonisation of multiple taxes and levies at all levels of government to a few that are broad based and easy to administer
- Unification of revenue collection functions into single agency per level of government as much as possible
- Modernisation and simplification of the tax system including the use of technology for revenue administration
- Leveraging on data for intelligence to curb evasion and aggressive tax avoidance
- Remove tax provisions which serve as impediments to business and economic growth
- Devise structures and framework to institutionalise reforms for effective policy coordination and collaboration among government agencies and tiers of government
- Improve efficiency of revenue collection and transparent reporting
- Ensure effective utilisation of tax and other revenues for social good to boost citizens’ tax morale, promote tax culture and drive voluntary compliance
- Transform revenue generation for sustainable development to achieve at least 18% Tax to GDP ratio within the next 3 years, that is, by 2026
