CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Ghana Sets Up Special Tax Compliance Taskforce

Ghana Sets Up Special Tax Compliance Taskforce

by Lorys Charalambous, Tax-News.com, Cyprus

06 August 2015


The Ghana Revenue Authority (GRA) has set up a 40-member special revenue collection taskforce, to enforce compliance with the country's tax code and to encourage actual or potential tax defaulters to honor their tax obligations.

For example, the taskforce will be checking for the issuance and filing of value added tax (VAT) and National Health Insurance Levy invoices by VAT-registered businesses; the filing of pay-as-you-earn and other tax returns by their due dates; and the payment of any outstanding tax debts owed to the GRA.

George Blankson, Commissioner-General of the GRA, who inaugurated the taskforce, said it would provide support to the compliance and enforcement units in the GRA's various zonal offices. He added that the taskforce's mandate is planned to end in December this year.

He also confirmed that, although tax collections are on target in Ghana this year, there is a need for the GRA to step up its revenue mobilization efforts, while also continuing its programs to encourage voluntary compliance. Additional funds are required by the Government to help offset lower-than-budgeted oil revenue.

TAGS: individuals | compliance | tax | business | value added tax (VAT) | tax compliance | law | insurance | budget | enforcement | tax authority | health care | Ghana

To see today's news, click here.

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 











Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »