GRA charged to recover outstanding tax liabilities

• Posted on December 17, 2018
• by Ellsamwise King
• Comment

The Minister of Finance, Mr. Ken Ofori-Atta, has charged the Ghana Revenue Authority (GRA) to take steps to recover all outstanding tax liabilities and tax debts owed government by businesses and taxpayers before close of the year.

A statement issued by the Office of the Commissioner General of GRA charged the GRA Board to take steps to directly partner management of the Authority to recover outstanding tax liabilities/tax debts owed GRA by businesses and taxpayers.

The GRA this year warned strongly that it would intensify its prosecutorial powers on businesses and persons who default in the payment of taxes after the expiration of a tax amnesty period this year.

The authority has been charged by government to collect GH¢39 billion as revenue for the 2018 operational year.

According to the Authority, a tax audit has revealed that taxpaying companies are constantly defaulting their payment obligation – and this is a serious offence against the tax laws.

The Authority therefore, cautioned recalcitrant taxpayers to urgently settle all tax obligations, as not doing so is an infringement of the country’s tax laws.