Audio By Carbonatix
The Ghana Revenue Authority (GRA) has secured garnishnent order to recover over GHC 15 million in taxes from the National Sports Authority (NSA).
Tha NSA has not paid withholding taxes since 2019, compelling the GRA to use a legal route to recover the money.
In a letter to the Bank of Ghana on November 14, 2023, GRA said it secured garnishnent order for recovery of tax liabilities from the government sports agency.
The central bank, notified the sports authority and the Ministry of Youth and Sports on November 17, 2023, said it received a garnishement notice by the Ghana Revenue Authority (GRA) for recovery of tax liability of GHC 15,520, 645.78.
"The Commissioner-General of the GRA, acting in accordance with Article 60 and 61 of the Revenue Administration Act, 2016 (Act 915), directs Bank of Ghana to pay over the Authority, funds due tax payer (National Sports Authority) up to the total tax liability of GHC 15,520, 645.78," portion of the letter available to JoySports reads.
Thus, the Bank of Ghana has withheld the "entire working balance" of the NSA, which totals GHC 109, 791.21 from the authority FSPI project 2023 account pending approval for final payment to the GRA.
Latest Stories
-
Davida Roofing Systems CEO named among 100 Legendary African Dignitaries for 2026
2 minutes -
Speaker Bagbin breaks ground on Wa Palace project, tells “detractors” Wa won’t be zongo
13 minutes -
On Ghana’s Oti River, a weather forecast can mean survival
29 minutes -
Ntim Fordjour urges NDC to back revised anti-LGBTQ+ bill, demands consistency on assent
29 minutes -
Ghana prepared to prevent Ebola outbreak despite no recorded case – Deputy Health Minister
30 minutes -
GMA supports KATH doctors strike over CEO suspension – demands reinstatement within 3 days
36 minutes -
It’s not govt’s business to use ID cards to control people’s consumption of porn – Kofi Bentil
3 hours -
NDC dismisses reports of cabinet reshuffle, urges public to verify information
3 hours -
Ghana’s floods are governance failures, not natural disasters – Senyo Hosi
4 hours -
Accra Ridge Church defies heavy rains, embarks on health walk to mark 90 years of service
5 hours -
Evacuation of Ghanaians from South Africa funded from contingency budget – Ablakwa
6 hours -
Ecobank pays first dividend since 2022 as shareholders approve $40m payout
6 hours -
Jandel launches 30 years anniversary with message of faith, resilience and giving back
7 hours -
Okudzeto Ablakwa rejects claims linking Ghanaians to crime in South Africa
7 hours -
KATH doctors begin indefinite strike over CEO suspension
7 hours