Audio By Carbonatix
The Dean of the University of Cape Coast (UCC) Business School, Professor John Gatsi is advising the Government of Ghana to implement digital economy tax progressively.
He explains that the progressive rollout of the digital taxation is more effective and would encourage the populace to cooperate when they are being taxed, as compared to government imposing a large percentage of tax on the citizens suddenly.
Speaking during the Graphic Business/ Stanbic Bank Breakfast Meeting on Tuesday, September 19, Professor Gatsi stated that “Anywhere there is a viable economic activity, it attracts taxes. So I would not be against taxes related to digital economy.”
He however added, “But the digital economy tax should be progressive and not to answer today's fiscal challenges. So if you want to make it 1%, and then progressively, that is accommodating off the economic system we have. But if you slap it all of a sudden, a huge rate, that would be a problem.”
Prof. Gatsi also noted that proper tracking of taxation can be done effectively and easily by using the Ghana Card.
He explained that the details on the Ghana Card can make it easier for the nation to link some important data to help identify economic activities of the owner of the identification card, as it is done in most advanced countries.
The professor then recommended that government concentrate on improving the national identification card's relevance to be more than just "an election tool or identification of persons who are citizens of Ghana."
Commenting on how the government can ensure that it thrives during economic turbulence, Prof Gatsi advised that policymakers in their quest to raise revenue, always take into consideration and ensure that “businesses pay taxes but they are not overburdened.”
“We know that government needs revenue, there is no doubt about it, but it is not about pushing everything to businesses. It’s about measuring what you are pushing to businesses to take. And it is very clear, the feedback is that it’s too much and we need to do something about it, and that will come through engagement and then possible revision.”
Latest Stories
-
Star Oil paid GH¢2.7bn in taxes, levies in nine months of 2026
11 minutes -
Samson’s Take: The rule of law is cheaper before the bulldozer
12 minutes -
GRA blames system failure for delay in issuing receipt over passenger’s customs duty
33 minutes -
Livestream: Newsfile discusses World Cup visa scandal, beach demolitions, education strikes, BRICS bid
37 minutes -
NC-PTAs welcomes end of teachers’ strike, urges parents to prepare children for Monday
46 minutes -
Government procures over 2,000 transformers as Ghana’s electricity access hits 89.13% – Energy Minister
1 hour -
UTAG-UG threatens strike on October 19 over unpaid allowance
1 hour -
Let The Constitution direct Chieftaincy to deliver “All Development Is Local”   Â
3 hours -
John Jinapor outlines renewable energy, nuclear power priorities for 2027
3 hours -
Ghana explores centre of excellence for hearing, communication and cochlear implant care
4 hours -
Schizophrenia-related disorders lead mental health cases recorded in Ghana
4 hours -
Dutch authorities enlist Ghana in hunt for fugitive drug lord Bolle Jos
5 hours -
Ghana housing finance conference adopts communiqué to improve affordable housing access
9 hours -
Special Initiatives Minister urges Wa Technical Institute to enrol more girls as EU-backed solar training lab opens
10 hours -
In the matter of my first year at the Bar
10 hours