The Contributions Network Project
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| Institution: |
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| Theme: |
Institution and HR Management
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| Implementation Date: |
Jan 01, 2000 |
| Summary: |
The Contributions Network Project (CNP) connects all large employers, and the majority of small ones, to the relevant government tax departments via a single point of contact. The system enables employers to submit their returns directly through a two-way, fully electronic system. In return, employers receive confirmations from the respective departments. Payments are also made electronically through a direct debit arrangement. The payments covered under the project include PAYE (Pay As You Earn), Corporate Income Tax, VAT (Value Added Tax), NPS (National Pensions Scheme), NSF (National Savings Fund), the IVTB levy and company registration.
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| Impact: |
It is clear that the adoption of this electronic lodgment system promises multiple advantages:
- Allows submission from the comfort of one’s office with a PC and modem;
- Eliminates paper returns and paper payments;
- No physical movement required to the Government departments;
- Saves time and increases efficiency for businesses/employers and Government;
- Guarantees confidentiality and security
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| Source: |
World Bank |
| Project Home URL: |
http://www.gov.mu/portal/site/ltpsite/menuitem.7818df423cbe8884b4012d289ec521ca/ |
| Documents: |
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