Audio By Carbonatix
Commissioner General of the Ghana Revenue Authority, Reverend Dr. Ammishaddai Owusu-Amoah, says in an effort to ramp up revenue mobilization, the Authority is planning to connect all VAT registered vendors to their common platform.
According to him, the common platform is primarily to ensure compliance as well as do away with cumbersome manual invoicing.
This follows the GRA’s deployment of officials to various vending sites across the country early in the year to physically enforce compliance to the VAT regime.
The deployment had not gone down well with vendors who felt the GRA’s tactic was abrasive and injurious to their businesses.
However, the GRA insists the deployment had generated more revenue implying some vendors had previously not been fully complying with the VAT regime.
Speaking on JoyNews’ PM Express Business Edition, Dr. Owusu-Amoah said the GRA was working assiduously to connect all VAT registered vendors to the GRA’s common system to ensure much effective compliance.
This he says will be achieved by the end of 2024.
In the meantime, the GRA is targeting registering about 1,600 vendors onto the VAT system in 2023 as part of measures to widen and deepen the tax pool.
“For 2023, I’ve said that 1,600 VAT will come on board. For 2024, it will become a compliance issue that nobody who is VAT registered sells without connecting to our system. And so we’ll be doing away with the manual writing, the invoices completely in 2024.
“As I said the pilot has done well so far, and I speak we’re evaluating. When I say we’re evaluating, we’re trying to see what we need to improve, and any areas that we think that did well and we need to improve further, what we did not do well we have to improve further. And we have resources on ground, including some external resources that are helping us to evaluate.
“When I say external resources, countries that have done it before, who have also gone through these stages and therefore they’re on the ground right as I speak now with us. And once we finish the evaluation, then we implement the measures that we have seen. And so 2023, 1,600, 2024 by year end everybody who sells and is a VAT registered must be hooked onto our system,” he said.
Latest Stories
-
New Juaben South MP Okyere Baafi condemns Burkina Faso attack, demands probe into government response
13 minutes -
A/R: Unknown assailants desecrate graves at Asante Mampong cemetery
24 minutes -
What is wrong with us: Africans know mining, but do not understand the business and consequences of mining
46 minutes -
Ghana Sports Fund begins grassroots field assessment in Volta North, uncovers talent and infrastructure gaps
48 minutes -
Persons with disabilities are not objects of pity — Volta Social Welfare Director urges mindset shift
59 minutes -
Burkina Faso attack: Desist from sharing gory images of victims – Muntaka
1 hour -
Political scientist supports NDC dual-role directive, calls for legal backing
1 hour -
GH¢5.7bn haemorrhage: Ghana’s tomato crisis exposed as Chamber of Agribusiness unveils 2030 rescue plan
1 hour -
Fifi Kwetey slams opponents of directive on dual roles as ‘greedy’ and ‘mercenaries’
2 hours -
Analyst condemns victim-shaming in Russian exploitation saga
2 hours -
Ghana’s Blue Economy in 2026: Taking actions now, leveraging blue resources for sustainable growth
2 hours -
I was once a ‘Bob no rank’; Everybody will have their turn — Afenyo to TESCON members
2 hours -
Tony Aidoo urges NDC to focus on policy communication, not personal praise for Mahama
2 hours -
Akuafoɔ Anidasoɔ: A new dawn for Ghana’s farmers
2 hours -
NTC announces eligibility criteria and registration details for 2026 GTLE 1
3 hours
