The Minister of Finance, the Honourable Mark Brown launched the Cook Islands online E Tax lodgment system on Friday, 6 November 2015 at the National Auditorium.
The E Tax online system allows taxpayers to easily comply with their tax obligations by making their tax records readily accessible and providing the ability for taxpayers to file and pay their VAT and PAYE returns and make payments electronically. The E Tax system also allows tax agents to access limited information about their clients. In the coming year Revenue Management intend to extend the E Tax service to include the payment and lodgement of Income Tax, Company Tax and Withholding Tax returns. This online service will allow all taxpayers, whether resident or non-resident for tax purposes, to have greater access to their tax records and file and pay their taxes anywhere in the world.
The E Tax system will streamline processes and allow Revenue Management to enhance compliance through increased automation of its processes. This enhanced capability will help maintain the Cook Islands strong revenue position and fiscal outlook, which ensures the sustainability of future services for our Cook Islands people. The E tax system has been built with the security of taxpayer data as paramount. The information taxpayers send through will be kept securely on Revenue Management's server, and will only be accessible by the appropriate Revenue Management staff.
“The Ministry of Finance and Government have worked hard iAn improving the tax system in recent years, reviewing the tax system, implementing changes to make the tax system fairer, improving the tax administration service, and improving systems to help taxpayers with their tax compliance” Hon. Mark Brown, Minister of Finance said at the official launch. “One way in achieving efficiencies have included automation of some of Revenue Management’s processes. Automation will aid Revenue Management considerably in delivering an efficient and effective service to the community and the E Tax system will automate some of those current processes that place a demand on Revenue Management’s already limited resources.”
If you wish to register for E tax, or have further questions regarding this system, please contact Chiavanni Lé Mon on telephone 29365.
6 November 2015