Compliance Improvement Plan

SRB has devised a Compliance Risk Management (CRM) program in line with the international tax best practices that sets out the overall strategy for collection and payment of taxes along with related risks for pursuing the SRB’s mission. Recognizing the need for a modern efficient approach, SRB recently made a strategic decision to completely shift to the ADC 1-Bill payment mechanism. This transition has marked a pivotal moment for SRB as it embarks on a journey towards greater accuracy, speed and security in payment process.