Investor Presentaiton
D.4
Streamline revenue collection by using a singular payments interface (II/II)
Initiative objective
Eliminate or minimize manual cash collection by MDAS
Improve transparency by streamlining revenue collection into one singular interface
Deliverables
Initiative Lead
D.4.1, D.4.3. Board of Internal Revenue
D.4.2. Plateau State ICT Development Agency
Recommended timeline
Actions
D.4.3 Mandate all MDAs to remit revenue through the Plateau State Internal
Revenue Portal
Pass bill stating that all MDAs must remit payments through cashless means
•
Get approval from state legislature
•
Set up mechanism to align MDA bank accounts with TSA
Create incentive system to reward MDAs who report more revenue than budgeted
(e.g., higher % of retained revenue)
Establish sanctions for MDAs found to be collecting revenue through unapproved
channels (e.g., 5% cut in budget allocation to MDA)
Ensure Board of Internal Revenue automatically remits the correct percentage of
revenue to MDAs with clear link of payments to specific bills for easy
reconciliation
Communicate incentives and sanctions to MDAS
Stakeholders
Board of Internal Revenue
•
•
Tax collection agents
•
.
•
Plateau State ICT Development Agency
Ministry of Finance
Governor
Lawmakers
Drafted and submitted bill
2 months
Signed bill approved by governor,
8 months
legislature and relevant MDAS
•
Approved incentive and sanction system
• 1 month
Circulated communication to MDAS
2 weeks
Resources
•
State funding for:
Agent network operations
Upgrading revenue collection
e-platform
Manpower for revenue collection points
Metrics
•
Percentage increase in
revenue reported through
PSIRS Portal
130
Potential quick-win
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