COVID-19: GRA, Finance Ministry discuss new 2020 revenue target

by Business Zone

The Ghana Revenue Authority (GRA) has said the Authority is working with the Ministry of Finance for modalities in setting a new revenue target for the year 2020.

Commissioner General of the GRA, Mr Ammishaddai Owusu-Amoah said the move has become necessary as the COVID-19 is likely to affect and disrupt the country’s revenue target of GHc55 million for this year.

The Commissioner General was optimistic that the intended measures when rolled out would ensure a win-win situation for government and taxpayers.

Meanwhile, the GRA has encouraged taxpayers to continue to file their tax returns online and make payments through the banks. The Authority appealed to all taxpayers to fulfill their tax obligations to meet government’s needs in the wake of the coronavirus pandemic.

“We will not relent in our efforts to deliver on our mandates. We will do all we can to ensure that the needed revenue is generated to meet government’s agenda as we all put our shoulders to the wheel to fight the pandemic,” he said.

The GRA is also set to soon launch a digital platform that would allow taxpayers to access their Tax Identification Number from the comfort of their homes for easy business transactions.

He said the Authority supported the President’s interventions to lessen the impact of the coronavirus on individuals and businesses.

According to the Commissioner General, all efforts would be made to facilitate payment of taxes during the COVID-19, but would not allow deliberate non-payment of taxes.

“We acknowledge the hard times in which we are as a nation and the world as a whole. We sympathize sincerely with those who have lost their jobs or sources of income.

“We also pray that as a nation, we will continue to support President Akufo-Addo and the government to ensure that the nation comes out of the situation quickly”, he said.

He entreated employees, corporate and other institutions who continue to make various incomes, sales and provide services to file and pay their taxes for government to get the needed revenue in the difficult times.

Source: BusinessZone Online

Ammishaddai Owusu-Amoah, Commissioner General, GRA

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy