
Audio By Carbonatix
The Ghana Revenue Authority (GRA) taskforce has arrested two managers of restaurants and the staff of an electrical cable company in Accra for not issuing VAT tax invoices.
The companies are Waves Lounge and Pub, Chez Amis Pub and Grill, and Grand Pacific Limited, dealers in general electrical cables.
The managers were taken to the Customs Office at the headquarters for their statements before being handed over to the Criminal Investigation Department of the Police.
Mr Edward Appenteng Gyamerah, Commissioner, Domestic Tax Revenue Division, GRA, said the managers had refused to issue certified VAT invoices by the Commissioner-General at the point of purchase of goods at their outlets.
The initiative, he stated, was part of the Authority’s exercise to ensure tax compliance and retrieve taxes due the state.
He said the Division had several options at its disposal to aid in revenue mobilization, including already existing initiatives such as auditing and test purchasing, among others.
Mr Gyamerah said the test purchases conducted on 115 taxpayers that were sampled for a week revealed that a total of 93 taxpayers were not issuing the VAT invoice.
The figure, he stressed translated into a non-compliance rate of 80.9 per cent and said it was an offense for a registered taxpayer to fail to issue a VAT invoice for purchases made.
He said the division would continue with the enforcement exercises with an eye on the implementation of the electronic invoicing system and other tax types.
The government has tasked the GRA with raising a revenue target of GHc 106 billion for the 2023 fiscal year.
Out of this figure, the Domestic Tax Revenue Division is expected to collect 70 per cent of the total revenue.
This year, President Nana Akufo-Addo assented to the three amendments passed by Parliament.
They are the Excise Duty (Amendment), Act 2023 (Act 1093), the Income Tax (Amendment), Act 2023 (Act 1094), and the Growth and Sustainability Levy Act 2023 (Act 1095).
These amendments were to complement efforts to ensure the Authority met its revenue target.
Mr Joseph Annan, Area Enforcement Manager of GRA, in charge of Accra Central, said the Authority would continue to embark on surprise exercises across the country to apprehend culprits evading tax.
He urged the public, especially customers who make taxable purchases, to always request and insist on their VAT invoices.
Latest Stories
-
NPA increases price floor from July 16; Petrol up to GH¢ 13.28 and diesel pegged at GH¢ 14.35
14 seconds -
Miracles GH¢50m bail: Go to court for bail variation if conditions are excessive – James Enu
21 minutes -
Miracles Aboagye released from EOCO custody amid GH¢55m investigation
29 minutes -
GRA Commissioner-General urges businesses to support national clean-up exercise
31 minutes -
Empress Neeta: Why your PR isn’t working overnight – the hard truth every artiste needs to hear
37 minutes -
Miracles GH¢50m bail: Investigative bodies behaving as if they’re superior to the courts -Suame MP
51 minutes -
Miracles Aboagye still in EOCO custody as lawyers work to secure GH¢50m bail – Atta Akyea
1 hour -
Ghana’s infrastructure scores 2.83 out of 5 as engineers highlight funding and maintenance gaps
1 hour -
Education Ministry urges police to intensify search for fugitive Bole SHS teacher
2 hours -
Ghana calls for urgent political finance reforms to protect democracy across Africa
2 hours -
Lands Minister to address public on sector reforms in Government Accountability Series on Wednesday
2 hours -
KMA increases sweeper monthly wages from Gh₵250 to Gh₵800
2 hours -
Bole-Bamboi MP secures funding to complete abandoned hospital staff quarters after 14 years
2 hours -
Premier Health Insurance donates wheelchairs to Greater Accra Regional Hospital
2 hours -
Davis Opoku commends EPA, Minerals Commission over implementation of audit recommendations
2 hours