Following our support to Lesotho's introduction of VAT, the Lesotho Revenue Authority (LRA) contracted Crown Agents for further work to computerise their direct taxation processes (Income Tax, Corporate Income Tax, Withholding Tax and Fringe Benefit Tax).
The basis for the design and construction of the system was Crown Agents' TRIPS™-Tax solution, configured and customised to manage the multiple tax processing requirements of the LRA.
The project involved an initial business analysis, followed by the delivery of the software in two phases:
Fast track implementation of enhancements to the existing Taxpayer Identification Number (TIN) system
Tax Type Processing, tax return processing and CIT, Income Tax and Fringe Benefit Tax: design, development and testing, plus implementation of the remaining system functionality
This project has provided Lesotho with a technical platform predicated on the latest technologies leading to improved efficiency in revenue collection and the resultant increase in revenue for the country