Audio By Carbonatix
A Chartered Tax Practitioner has stated that Ghanaians have no option in determining whether to pay taxes or not.
Speaking on the Corruption Watch segment on Joy FM's Super Morning Show Wednesday, Dr Isaac Nyame decried the penchant for people not wanting to pay their taxes.
"The culture for tax compliance in Ghana is abysmally low. Various reasons account for this. The average person doesn’t want to pay tax, which is quite disturbing"
Dr Nyame stressed on the importance of taxes for the development of the country.
"Taxes are used for good roads, hospitals, everything that is good for life. We cannot continue to borrow money to do that for ourselves. Because when you borrow money, you’d have to pay. And we pay with tax money. So ultimately, we come back to where we started."
He noted that payment of taxes is a legal requirement and "the law is very clear as to whom the taxpayers should be, what sort of income should be taxed, what sort of expenditure should be taxed".
In as much as people want to evade tax, Dr Nyame said that there are some taxes which people pay indirectly.
"People buy maybe bottled water, they would have paid tax without noticing that they have paid some tax. It is fairly simple to manage with the indirect taxes, because it’s more of the expenditure tax."
He urged the Ghana Revenue Authority (GRA) to enforce the laws when people fail to pay their taxes.
"Enforcement of the penalty regime is important. Taxation without enforcement cannot work," Dr Nyame reiterated.
Latest Stories
-
Two dead, 13 injured in fatal head-on collision on Anyinam–Enyiresi highway
10 minutes -
International Day for PwDs: The unbroken spirit of a 16-year-old disabled visual artist
31 minutes -
Bryan Acheampong salutes farmers, outlines vision for resilient agricultural sector
32 minutes -
Wa West Agric Director calls for stronger gov’t support after difficult farming year
1 hour -
‘Agriculture isn’t only for village folks’ — President Mahama pushes professionals to take up farming
1 hour -
82-year-old man emerges overall National Best farmer for 2025
2 hours -
Calls grow for stronger oversight as free trade and lax regulation fuel fake medicines
2 hours -
World Cup 2026: Tuchel keeps group stage opponents under wraps, shuns Ghana
2 hours -
Volta Region received a significant share of Big Push road projects – Mahama
2 hours -
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
3 hours -
FDA urges consumers to prioritise safety when purchasing products during festive season
3 hours -
President Mahama calls for single-digit interest rates on agricultural loans
4 hours -
President Mahama urges Ghanaians in formal jobs to take up farming
4 hours -
Farming interventions paying off, lifting incomes and food security, says Agric minister
4 hours -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
4 hours
