Audio By Carbonatix
The Brong-Ahafo Regional office of Value Added Tax (VAT) has stepped up an education campaign to whip up the interest of people to regularly file their VAT returns.
The campaign is also to broaden the tax net, Mrs. Agnes Adu-Boateng, Manager for Brong-Ahafo Region, told the Ghana News Agency in an interview in Sunyani on Wednesday.
She said the VAT secretariat had begun nationwide mass crusade to reach out to the aged, the youth and children to contribute by ensuring the collection of VAT receipts whenever they buy items in the shops and other retail outlets.
Mrs. Adu-Boateng said the campaign was not excluding any group of people among the populace because “time is ripe for the message to be trumpeted into the ears of even basic school children.”
She said if the message was drummed well into the national psyche, even kids would be reminding their parents and guardians to collect VAT receipts when thy buy any commodity.
“If the people insist on being issued with their receipts, national revenue mobilization and target would be maximized and increased to strengthen the economic and financial disposition of the country”, the regional manager said.
Mrs. Adu-Boateng said buyers and consumers demanding receipt was one effective means of getting business concerns to file their returns, adding that as long as VAT receipts were not issued or collected by wholesalers, retailers or buyers, the country lost income.
She said as the country’s internal revenue dwindled through either the non-issuance or collection of VAT receipts, private business owners gained more since the tax meant for the state and which was added to the price of the item went to them.
Mrs. Adu-Boateng said the Internal Revenue Service (IRS) is also faced with the challenge of evasion and non co-operation by business concerns, hence durbars would be jointly organised by the VAT and IRS.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Obaapa Fatimah Amoadu Foundation launches in Mankessim as 55 artisans graduate
1 minute -
Behold Thy Mother Foundation celebrates Christmas with aged mothers in Assin Manso
10 minutes -
GHIMA reaffirms commitment to secured healthcare data
22 minutes -
John Boadu pays courtesy call on former President Kufuor, seeks guidance on NPP revival
28 minutes -
Emissions Levy had no impact on air pollution, research reveals
1 hour -
DSTV enhanced packages stay in force as subscriptions rise following price adjustments
1 hour -
Financial Stability Advisory Council holds final meeting for 2025
2 hours -
Education in Review: 2025 marks turning point as Mahama resets Ghana’s education sector
2 hours -
Nigeria AG orders fresh probe into alleged intimidation and assault of Sam Jonah’s River Park estate staff
2 hours -
Concerned Small Scale Miners commend GoldBod’s efforts in addressing gold smuggling
2 hours -
Haruna Mohammed claims Ghana Audit Service undermined
2 hours -
5 members of notorious robbery syndicate in Tema, Accra arrested
2 hours -
BoG, SEC and FIC hold Joint sensitisation workshop for Virtual Asset Service Providers
2 hours -
How Nico Cantor became one of the top voices in American soccer
3 hours -
Ghana colorectal cancer patients face low survival rates, KNUST study finds
3 hours
