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TAX AND GOOD GOVERNANCE

The Tax and Good Governance Week is a collaboration between the Ministry of Finance and the Ghana Revenue Authority (GRA) to create awareness and sensitise employees, employers, individuals and businesses, that is all levels of taxpayers to file their annual tax returns.

The week long programme was launched on Friday 6th April, 2018 at the forecourt of GRA Head Office, with the theme: “Filing your Tax Returns- your Civic Responsibility”. 

The Vice-President of Ghana, H.E. Alhaji, Dr. Mahamudu Bawumia who was the special guest of honour filed his annual tax returns on the same day.

Similar launches were held simultaneously in the nine regional capitals, where the regional Ministers, Municipal Chief Executives, District Chief Executives and other dignitaries took the opportunity to file their returns.

Preceding the launch event were series of radio and television discussions on the need to file returns, TIN (Taxpayer Identification Number) and other relevant tax issues.

Other sensitisation activities have been carried out through the use of our social media handles, stakeholder engagements, personal interactions and contacts, community outreach including engagements in churches, mosques, markets. These were complemented with compliance activities in all DTRD offices.

What is new about filing of Returns this year?

Hitherto, employers have filed returns on behalf of their employees. This has changed in 2018, with the passing of 924, which makes it mandatory for all employees to file their tax returns by themselves.

The Income Tax Act, 2015 (Act 896) and the Revenue Administration Act, 2016 (Act 915) have made it compulsory for individuals and entities to file their income tax returns by the end of April each year.

What is expected of taxpayers?

• All taxpayers are to contact any GRA- DTRD office nearest them to pick up their tax returns, complete it and return same to the offices.

• It is advised that taxpayers who know their tax offices should go there and file their returns.

 To Read More Click this link :--> TAX AND GOOD GOVERNANCE

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