Smart Gin manufacturer bags best taxpayer award for Ilala tax Region
What you need to know:
- Euromax Limited has won this award for the second time. Last year, the company the third position in the category of major taxpayers in the Ilala Tax Region.
Taxation still remains the foundation of the nation’s development. Revenue generated from various activities are used to enhance the well-being of the country by creating and improving social services and infrastructure.
These taxes are paid through various activities, including taxes on employment, company revenues, organisations, entrepreneurs, and traders, all collectively known as taxpayers.
Taxpayers are a crucial group for the economic growth and development because taxes enable the government to implement various developmental initiatives.
Recognising the importance of taxpayers, the Tanzania Revenue Authority (TRA) declared November a designated month to express gratitude to the outstanding taxpayers for their contributions to the national kitty.
The taxman has in the recent times awarded the tax-compliant taxpayers, for their co-operation and contributions to the national wellbeing and development.
Among the activities TRA organised as part of the celebrations were “TRA Fun Run and Walk” for taxpayers, along followed by awards presented to outstanding taxpayers in different categories.
Among the winners in the awards was Euromax Limited, which received the Best Taxpayer Award in the Ilala Tax Region in the category of large taxpayers.
Euromax Limited, a producer and distributor of Smart Gin, has been recognised for its significant contribution and compliance to tax payments. The award reaffirms their commitment to transparency and adherence to tax laws.
The company sets a commendable example in the manufacturing sector, instilling confidence in stakeholders by demonstrating its readiness to contribute to community development through fair tax payments.
Following the award, The Citizen had the opportunity to interview the Company’s CEO, Peter Michael Kinabo, who explained the secrets behind this recognition.
Congratulations for winning the coveted best taxpayer award. What does this award mean to you?
First, we thank everyone who voted for us, assuring them that we value their trust and we will continue providing excellent products.
We appreciate the recognition from the Tanzania Revenue Authority (TRA) for adhering to tax procedures, boosting our motivation to comply with national tax laws.
This award enhances our credibility from partners, the government, and customers, cementing our commitment to follow tax regulations.
It also signifies our dedication to professionalism, quality management, and fostering good relationships with other institutions. We take pride in contributing to the government’s developmental plans and delivering excellent products.
What is the role of the CEO in the overall achievements?
At Euromax Limited, under my leadership, has played a key role in positioning itself as a leader in the category of major taxpayers in the Ilala Tax Region.
By actively involving employees in strategic plans from operational tasks to high-level decision-making, I have fostered a positive employer-employee relationship, contributing to the overall company’s success.
We emphasise responsibility and collaboration. I have been the driving force in motivating and setting a stellar example for the employees, leading to significant operational successes, including the receipt of this award.
The commitment to provide products that meet the needs and expectations of Tanzanians and contribute to the country’s economic growth is a testament to my vision for the company.
How many times has Euromax Limited won this award?
Euromax Limited has won this award for the second time. Last year, the company the third position in the category of major taxpayers in the Ilala Tax Region.
How will the award fuel motivation in continuing to produce quality products and pay taxes?
This award serves as both an acknowledgment of past success and a motivator for future endeavours. It will boost morale and commitment to delivering high-quality products while fulfilling tax obligations.
Considered a debt to our customers, the award inspires Euromax Limited to continually enhance their products to meet daily needs.
It also instils motivation to adhere to tax laws, as they believe tax payment is fundamental for genuine progress, enabling the government to provide services and implement development strategies.
Participating in these awards has provided valuable experiences, including networking with other businesses and institutions nationwide.
What are your strategies for continued excellence in these awards next year?
The main strategy for future success involves improving internal systems to ensure excellence in various tax-related matters. Additionally, Euromax plans to enhance product delivery, aiming to surpass this year’s achievements and bring even more positive developments for customers and partners in the coming year.