24 Jan 2008

Solomon Islands Ministry of Finance reports significant improvement tax revenue

11:08 am on 24 January 2008

The Solomon Islands Ministry of Finance has reported a significant improvement in the tax revenue the government collected.

A statement from the Inland Revenue Division of the Ministry published by the Solomon Islands Broadcasting Corporation says says tax collections for 2007 was 590-million dollars, and 60-percent more than the revenue collected in 2005.

The tax revenue includes significant improvements in the collection of company goods and sales taxes.

The Ministry of Finance says the out-going Acting Tax Commissioner, New Zealander Michael Heweston, had played an important role in helping Inland Revenue to improve its work.