GRA invites residents of the Western Region to file their tax returns by May 1

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The Ghana tax authorities in the western region have urged all people earning income from a job, business or investment in the area to truth , to visit any of their offices in the region and to file their returns for 2018 before the end of the month. April 2019 to avoid the payment of interest and penalties.

Caution was given at the launch of the 2019 Tax and Good Governance Week program in Takoradi on "Generate your tax return, pay your taxes, move Ghana beyond aid. ".

Subsection 124 (1) of the Income Tax Act, 2015 (Bill 896) requires all persons who earn income to file their return for the preceding year by April 30 at the latest. the current year.

The sector commander of the Takoradi Customs Division of the Ghana Revenue Authority (GRA), Francis Talongo, explained that a person must file with the Commissioner General, no later than four months after the end of each taxation year, a tax return for that year.

"I want the public to know that completing annual tax returns and paying taxes is not a matter of choice but is both a legal and constitutional requirement."

He added that people who complete their tax returns have such benefits as: "Request a refund of tax for overpaid taxes, ask for capital allocation on the badets of the taxpayer. Company, among others. "

He said that the GRA had developed an electronic payment platform through which informal sector operators, especially informal commercial transport operators, and small self-employed persons with tax stamps would pay their quarterly taxes through mobile money, working with banks.

This initiative, he added, is part of GRA's digitization process to leverage technology to improve tax administration.

"The legal department has been tasked with prosecuting all tax-related offenders in accordance with our determination to let the public know that things are not happening as usual at GRA," he added. .

Kwabena Okyere Darko-Mensah, Western Regional Minister, advises individuals and institutions to file their tax returns in time to attract the necessary development in the country.

He noted that income mobilization in the country has not kept pace with the ever-increasing demands of citizens for development projects and better services.