Audio By Carbonatix
Research conducted by the Ghana Anti-Corruption Coalition (GACC) has revealed that less than two million Ghanaians pay tax.
The research said about 1.5 million out of the six million eligible Ghanaian tax payers pay tax, allotting Ghana one of the lowest Tax to Gross Domestic Product (GDP) ratio in Africa.
Ghana therefore has a lot to do to meet the Sub-Saharan average target of 17 per cent which is above the nation’s 13 per cent mark as her various governments have over the years tried to upscale.
Mr John Okyere, a tax consultant and a businessman, disclosed these to the media in Accra during a dissemination meeting on promoting equity in tax incentives/exemptions based on the findings of a two-fold research conducted by the Ghana Anti-Corruption Coalition (GACC).
He said Ghana collected less tax and relied mostly on external help; International Monetary Fund, World Bank, Bond and others, but lost huge amounts to leakages.
Mr Okyere said Ghana lost 10 billion dollars in tax exemptions in the last two years, stating that there was the need to mobilise more funds through Domestic Revenue Mobilisation (DRM).
Mr Bernard Anaba, a Policy Analyst with ISODEC, said without taxes, governments could not plan and implement policies properly, adding that citizens should be involved in the raising and spending of taxes as they played an important role in national development.
Mr Geoffrey Kabutey Ocancy, Executive Director of Revenue Mobilisation Africa, said, citizens should be educated on the relevance of taxpaying, noting that it would encourage voluntary compliance.

He said tax education should be introduced in the syllabus of Primary Education through to the tertiary to improve people’s understanding on the tax system.
There should also be a proper update on location, ownership and type of use of property so as to collect the right property rates by the assemblies to develop the Country, he suggested.

Mr Ocancy said to increase tax collection, the tax net should be widened, train collectors as well as pass the Tax Exemption Bill to regulate the exception regime effectively and efficiently.
Free Zones Operations, Mr Ocancy said, should also be regulated to improve the tax system.
Madam Beauty Nartey, Executive Secretary of GACC, called on government to put up structures to capture online businesses for taxation.
Latest Stories
-
Mali renews Barrick Mining’s Loulo license for 10 more years
4 hours -
Gender pay gap won’t close for another 30 years, warns UK trade unions group
4 hours -
No free pass for internet platforms on child safety, Starmer says
4 hours -
Andrew’s time as trade envoy should be investigated, says Vince Cable
4 hours -
‘Trump will be gone in three years’: Top Democrats try to reassure Europe
4 hours -
Cuban cigar festival called off as US blockade worsens energy crisis
4 hours -
Head of Dubai-based ports giant quits after Epstein links revealed
5 hours -
Nigeria’s state-owned NNPC records $4.2 billion after-tax profit in 2025
5 hours -
French tourist found dead in Chad after falling off cliff
5 hours -
Asuogyaman MP commissions four projects, breaks ground for more on birthday
5 hours -
GNFS averts potential petrol tanker explosion at Aveme Junction
5 hours -
Ferocious fire at Agatex Paint Factory in Ho contained
6 hours -
MTN Ghana drives nationwide blood mobilisation in partnership with Ho Teaching Hospital
6 hours -
MTN Ghana leads lifesaving blood drive as Ho Teaching Hospital warns of critical shortages
6 hours -
KNUST dominate maiden SEEDAfrique Relay Open Championship in Kumasi
6 hours
