Audio By Carbonatix
The Internal Revenue Services (IRS) and the Value Added Tax (VAT) Service on Thursday jointly organized a day’s seminar to educate religious bodies on their tax obligation to the State.
The seminar, which brought together Pastors and Imams exposed the participants to the obligations of religious bodies in Ghana’s taxation system.
Speaking on the theme: “Render to Caesar the things that are Caesar’s” in Cape Coast, Mr Boakye Yiadom, Chief Inspector of Operations of the IRS Head Office in Accra, told the religious authorities that they were to pay taxes on all income generating activities that were not related to their core religious functions.
He enumerated some of the income generating activities carried out by Pastors to include the sale of holy water, anointing oil and books authored by them stressing that all these are done for the personal benefits of the individual Pastors.
Other activities that attract tax are consultation fees charged by Pastors for counseling, gifts given to them and other enterprises owned by the Church, he said and cautioned: “I am reminding all Pastors that they will account for all their tax obligations before God” and urged the Clergy to use the pulpits to educate their congregation on the need to pay taxes.
Mr Kwasi Bobie Ansah, Chief Inspector in-charge of Public Relations and Tax Education of the IRS, reminded the public that taxes remained one of the main sources of government’s generated revenue.
He assured the public that tax administrators in the country were committed to fairness, transparency and accountability and would therefore leave no stone unturned to ensure that enough revenue were generated to facilitate the development of the country.
Touching on taxable gifts, Mr Ansah indicated that any gift in a form of a permanent or temporary structure, transportation, foreign currency received from persons other than a spouse or family relations were taxable under the Internal Revenue Act of 2000, Act 592 section 72.
He warned that tax evasion was an offence punishable by law.
Reverend Isaac Archibald Hawkson, Senior Pastor of Calvary Charismatic Centre, who chaired the seminar, told Christians that the Bible expects them to respect authority and to fulfill their obligation to the state.
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
-
Galamsey: 4,000 excavators held at ports under new controls – Lands Minister
2 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
3 hours -
Galamsey: ‘Challenge is prosecution, not arrest’ — Lands Minister
4 hours -
MTN to build 80 new sites across the five regions of the north as part of a $1.1bn investment
4 hours -
The Polygamist’s creator says women see themselves reflected in her Netflix hit
4 hours -
UEW Hospital suspends OPD services over GAUA strike
5 hours -
Muzic Mensah selected for Boomplay’s inaugural ‘NEXT WAVE’ Programme
5 hours -
Prime Insight to tackle legal vacation controversy and $1million AKSA bribery case
6 hours -
Ghanaian evacuee from South Africa dies on arrival in Accra
6 hours -
Suicide and the fight to stay alive
7 hours -
POS Foundation raises alarm over student cohabitation, sexual harassment on university campuses
7 hours -
Nandom NPP primary heats up as four candidates enter 2028 race
7 hours -
Mangione admits killing healthcare CEO and pleads guilty to federal charges
8 hours -
The Invite to The Odyssey: 12 of the best films of 2026 so far
8 hours -
Ayra Starr on her secret relationship and teasing Stevie Wonder
8 hours