Business & Finance

GRA Hopeful Of Increasing Tax Revenue- Board Chairman

The Ghana Revenue Authority (GRA) has asserted that tax revenue will be increased to instill diversity in the low tax revenue trend.

The Board Chairman for Ghana Revenue Authority, Dr. Anthony Oteng-Gyasi explained that the state is known for performing poorly with tax revenue, “but this time, we believe to increase revenue”.

He informed Asantehene, Otumfuo Osei Tutu II at the Manhyia palace further stating that the assertion came up after a series of meetings with some Ashanti Regional staff who despite the challenges raised, they were poised to bring a change at GRA.

Mr. Oteng-Gyasi who was with the Commissioner-General, Mr. Amis Shaddai Owusu-Ansah, and the Governing Council of GRA disclosed tax evasion by some royals as a hindrance in their field.

“Some chiefs evade rent tax with the excuse of palace property meanwhile they are individual properties,” he said.

However, the Asantehene, Otumfuo Osei Tutu II, allied that, no chief has the right to elude tax payments and at the same time advised that they put in measures to let the act appear conducive because money payments and deductions are disliked by all.

“No one enjoys making payments, so it’s up to you to let the information go down to the people so that tax collection and its payments looks appealing,”

He encouraged for more processes to be derived getting hold of all tax evaders to increase tax revenue, not forgetting to exhibit fairness and truthfulness always.

Source: M. Appiah-Manu

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