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The Ghana Revenue Authority (GRA) National Revenue Tax Division (DTRD) surpbaded its target for 2018 by raising 2424.4 billion.
This represents a surplus of 850 million ¢, which corresponds to 3.5% of the expected recovery target of £ 23.5 billion, although this goal is lower than the overall target of 39 , 8 billion in revenue for 2018.
According to GRA's General Commissioner, Emmanuel Kofi Nti, the increase in national revenue collection is largely due to public awareness and the deployment of GCNet's integrated total revenue processing system (tripsTM) for the DTRD.
Mr. Nti acknowledged the importance of stepping up education on the use of tripsTM and urged staff to continue using the system and report problems encountered for rapid resolution so to improve the user experience and revenue mobilization.
"Even in 2018, when we had to face considerable challenges, we were able to achieve 16.4% growth over the 2017 collection. There is room for improvement," he said.
Overall domestic revenues generated and processed in 2018 by the tripsTM tax administration system amounted to 19.4 billion ¢. This represents a 30% increase over the 2017 revenue of 15.4 billion ¢.
Over the last five years, there has been a steady increase in the collection of the national tax processed via (trips TM), from 33 billion in 2014, 99 billion in 2015 to nearly 1212 billion in 2016.
Since the introduction of TM travel for the collection of the internal tax, a total of 55 billion GHS has been collected.
Data on the generation of national tax revenues indicate that December 2018 recorded the largest collection of 3.1 billion ¢, a record – which also exceeded by twenty percent the amount of 2.6 billion in December 2017.
The second highest monthly inflow (¢ 2.3 billion) in 2018 was in June, representing a 1.4% increase of 1.4 billion ¢ over the same period in 2017.
The third highest monthly collection in 2018 was $ 1.9 billion, an increase of 26.5% over the same period in 2017, or $ 1.57 billion. With the exception of January 2018, all collections recorded for all other months exceeded 1 billion ¢.
In addition, in 2018 collections reached 10 billion ¢ at the end of July, which is an improvement over the 2017 year, which was reached in September.
These achievements were made possible through the migration of 69 GRA tax offices across the country to the TM Tax and Travel Management System.
In 2018, GCNet helped GRA to complete the nationwide migration of tax offices across the country to the Travel Management System to broaden the tax base and facilitate the issuance of tax identification numbers (TIN).
Over the period, more than one million Tax Identification Numbers (TINs) were issued, generated by more than one million.
The claims processing activity has increased with 615,558 reports recorded in 2018, representing an 86% increase over 2017, where 331,055 returns were recorded.
Aba Lokko, Communications Manager at GCNet, said GCNet remains committed to partnering with GRA to enable it to achieve its core mandate through technical support by deploying robust, proven, and robust electronic applications. proven processes that make processes transparent in the value chain.
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