Vanuatu Government trusts Data Torque systems to collect billions of vatu

www.datatorque.com - 15/04/2010

Billions of vatu of tax revenue will be handled by Data Torque's RMS7 software package when it goes live in Vanuatu on Monday, April 19. 

RMS7 is an upgrade of Wellington-based Data Torque's RMS (Revenue Management System), the company's flagship tax revenue software product.

The Vanuatu Government and Data Torque have built a relationship over a decade through the successful use of RMS, a system that handles all the tax transactions for the Vanuatu Department of Customs and Inland Revenue.

"RMS7 will be officially launched by the Honorable Sela Molisa, Minister of Finance and Economic Management, and Ben Wotu Leeshi,  the Director of Customs and Inland Revenue,  further cementing the strong relationship that Data Torque has built with the Vanuatu Government. It shows the trust that they place in our company to build and support a quality IT solution for their tax revenue management," Bill Chatwin, Data Torque's Managing Director, said.

"The implementation of RMS7 has been funded solely by the Vanuatu Government, without relying on donor aid money. This is a clear demonstration of the value the Government places on our work," Chatwin said.

"RMS7 will improve on the role that RMS plays in the Vanuatu economy. The system already facilitates growth in tax collections via improved taxpayer registrations and compliance. The new features included in RMS7 enhance this work. " he said.

Based on the latest Microsoft .net and C# framework, the system gathers revenue from driver licensing, vehicle registrations, VAT, business licenses, gaming taxes, and taxes on casino revenue.

RMS7 will be phased in over four years, with the initial phase concerned with implementation, and extending the geographic reach of the system. The next phases will see the introduction of the RMS web module that enables the online lodgment of tax returns, an audit selection module, and more features for managing cases.

"Our software packages for Pacific Island nations power the move from paper-based to electronic management of revenue data. This enables increased transparency and fairness in the application of taxation legislation," Chatwin said.