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Ghana Revenue Authority collected GH 25.89 billion in tax revenue
The Ghana Revenue Authority (GRA) collected GH ¢ 25.89 billion in tax revenue against GH ¢ 26.1 billion targeted for the period, resulting in a shortfall of GH ¢ 212 million.
The GRA said it collected GH ¢ 18.45 billion from national tax revenue and GH ¢ 7.44 billion from international trade or customs.
Dr Charles Addae, Deputy Commissioner for Research, Strategy, Policy and Programs at the GRA, announced it at a press conference in Accra on Wednesday, providing an update on the country’s tax mobilization efforts. country and the steps taken to consolidate the country’s taxes.
He said tax revenue collected in the first half of the year showed nominal growth of 25.6%.
Dr Addae explained that while tax revenue from other sources of tax revenue such as energy debt collection, sanitation tax, value added tax and airport charges, the GRA had collected 27 , 17 billion GH ¢ against a target of 27.25 billion GH ¢, which represents a shortfall of 28 million GH ¢.
Evaluating the Authority’s average performance, Dr Addae said this showed the Authority hovering around 47.6%, which was above the 46% recorded over the past five years.
Regarding the contribution of different regions to the country’s tax revenue, Dr Addae said that the Greater Accra region contributed 60.28 percent, West 5.02 percent and Ashanti 4.2 percent.
Other contributions from the other 13 regions to the country’s tax revenue were very minimal, he added.
Dr Addae observed that with the coupling of the GRA database to the National Identification Authority database, he found that 33,500 professionals, including doctors, engineers, lawyers and IT experts who had the Ghana-Card but did not have a tax identification number (TIN).
He explained that these elite professionals earned high incomes and therefore invited them for an interrogation to determine whether or not they paid taxes on their income.
“We are suing them because now we have their home and cell phone numbers, but that doesn’t mean they don’t pay taxes until we finish the interrogation,” Dr Addae explained. .
Dr Addae said the Authority is working in conjunction with the German International Society (GIZ) and the Ministry of Local Government, Decentralization and Rural Development to digitize and capture homes and properties used for commercial and residential purposes. in order to charge them the appropriate tax rent. .
He advocated the need to intensify the tax education campaign and enforcement mechanisms to consolidate tax revenues.
The GRA this year set a target of GH ¢ 60 billion in tax revenue and, based on the results of the first half of the year, Dr Addae estimated that it would meet the target.
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