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The Ghana Revenue Authority (GRA) is preparing to raise taxes from professional services activities to meet its tax objectives.
The government has set a fiscal revenue target of 58.9 billion GHc in the 2019 budget, about 25.9 percent more than the 46.8 billion GHc projected in the 2018 budget.
Domestic revenues estimated at 57.8 billion GHc are expected to come from national sources and sub-units.
To this end, the Commissioner General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, announced that lawyers, doctors, engineers and other professionals will soon issue tax receipts for services rendered and billed.
This decision, according to the Authority, will encourage those who derive a commercial profit not to pay what is due to the State.
Until now, most professionals have been able to avoid being badessed and duly taxed on the income received for services rendered, particularly for services rendered to micro-enterprises, households and individuals. having no official accounting.
However, no details have yet been communicated on how the Administration intends to follow service contracts with professionals on a personal basis, and therefore their income tax obligations.
In 2018, the Ghana Revenue Authority (GRA) failed to achieve its overall goal of raising 46.8 billion GHc. By the end of August, he had managed to mobilize a total of 22.7 billion GHc, a shortfall of about 1.8 billion GHc in relation to the goal set for the first eight months of the year.
The Authority, however, has seen an improvement in its custom collection in the last three months of the year, and with better targeting it has covered more land. However, preliminary estimates suggest that it was about 5% below its annual target.
Finance Minister Ken Ofori-Atta noted that enforcing unpaid and fraudulent taxes would help the government meet its social and developmental obligations.
The Ghana Revenue Authority (GRA) this time is to work with the Auditor General and the Special Prosecutor to enforce the rules.
In 2017, the authorities collected 32.4 billion GH against a target of about 34 billion GHc, representing 97%.
Commissioner General Nti also said at a dinner held in honor of 190 staff members who were retiring that 2018 was a mixed year in which the Authority recorded gains and setbacks.
"We had to put in place a mechanism to solve the problems of our group, which recorded a 3% growth in personalized revenues. We have also put in place a strict code of ethics for staff and management. Wandering staff members have been banned, others have been demoted, while some have been suspended and others may be prosecuted for violations, "Nti said.
He urged members of management to lead an exemplary life to be above reproach. Retirees took home televisions, quotes and printed African clothing.
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