• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, September 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

GRA commends government’s replacement of TIN with Ghana Card

April 9, 2021
Stephen M.Cby Stephen M.C
in Finance
0
Customs demand “additional resources” to effectively operationalize AfCFTA

Reverend Ammishaddai Owusu-Amoah, the Commissioner General, Ghana Revenue Authority (GRA)

The Commissioner-General for the Ghana Revenue Authority (GRA), Reverend Ammishaddai Owusu-Amoah, has commended government’s decision to replace the Taxpayer Identification Number of persons with their Ghana Card number.

According to him, the move by government is a step in the right direction, particularly for the banks. This is because, banks have in recent times been confronted with challenges in synchronising details of taxpayers into a database.

Reverend Ammishaddai further revealed that uncertainties on the type of Identification Cards and what constitutes its usage has posed its own threats.

RelatedPosts

Banks Begin Deducting 5% on Dollar Withdrawals – Here’s Who Will Suffer Most

SIC-FSL MD Slashes Salary by 20% to Restore Stability 

UBA Integrates MoMo with Prepaid Cards for Seamless Transactions

To rectify this, he averred that Banks need to be openminded and IT savvy to latch onto the new system. He further revealed that the new system will allow them to accept the ID cards.

“The approach is to ensure that this data is being matched …And since this is where we are going, it is in the interest of every stakeholder to aggressively participate and make sure that they are online”.

Pitfalls in Identification cards acceptance

Reverend Ammishaddai’s comments rides on conversations surrounding the variations within the banking system and GRA’s tax collection procedure. Hitherto, taxpayers couldn’t file tax returns due to banks reluctance in accepting some types of Identification Cards.

Reacting to this, he lamented that such acts rendered the Authority running at a loss. In resolving the challenge, Reverend Ammishaddai maintained that his outfit has designed a system that accepts every ID card. This is to expedite its usage in bank transactions.

This includes transactions for ITaPS and ICUMS as it made it convenient for taxpayers to honour their tax obligations.

“Anytime you have a card that a Bank has a reluctance to accept, it’s more because the Bank hasn’t linked its system to your system to ensure the ability to verify or validate the card.

“The Bank should be able to identify all cards now.

“Previously what Banks were doing is that they collect them [ID cards] and later they go and verify…but today, for everything you are doing – if it’s the passport, you have got to make sure that there is a database where if I bring my passport, I will be able to get into the database online and be able to see that this passport really belongs to this person”.

GRA initiates seamless identification process

Henceforth, the Commissioner-General noted that, the payment process for taxpayers will be fluid. As such, they will be at liberty to use the Ghana Card without necessarily applying for a TIN number.

“This replacement of identification will enable the organisations share important data. And [it will] also help identify and rope in eligible taxpayers, especially in the informal sector.

“Taxpayers will also not spend time in acquiring TINs as they will use the Ghana Card Identity Number for tax purposes”.

Additionally, Rev. Owusu-Amoah intimated that the Authority will ramp up efforts to tax players in the e-commerce market, although it is a sector which has been challenging to tax over the years.

Read Also: ECA boosts Africa’s readiness for COP26

Tags: Ghana cardGhana NewsGhana Revenue Authoritytax payersTIN
Please login to join discussion
Previous Post

ECA boosts Africa’s readiness for COP26

Next Post

Prince Philip, Duke of Edinburgh, dies aged 99

[mc4wp_form id="1264"]

Related Posts

cedi stability and Ghana's gold reserves
General News

Cedi Stability Debate Heats Up Amid Political Clash

September 14, 2025
Mining Investments
Extractives/Energy

GHEITI Co-Chair Calls for Stricter Mining Licensing Standards 

September 14, 2025
Mahama’s Government Accused of Betraying Ghanaians’ Trust
General News

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

September 13, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Europe

Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases

September 13, 2025
African Creatives Urged To Think Bigger Than YouTube
Entertainment

African Creatives Urged To Think Bigger Than YouTube

September 13, 2025
Lawyer Bobbey Banson
Extractives/Energy

Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms

September 13, 2025
cedi stability and Ghana's gold reserves
General News

Cedi Stability Debate Heats Up Amid Political Clash

by Lilian AhedorSeptember 14, 2025
Mining Investments
Extractives/Energy

GHEITI Co-Chair Calls for Stricter Mining Licensing Standards 

by Prince AgyapongSeptember 14, 2025
Mahama’s Government Accused of Betraying Ghanaians’ Trust
General News

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

by Silas Kafui AssemSeptember 13, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Europe

Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases

by Comfort AmpomaaSeptember 13, 2025
African Creatives Urged To Think Bigger Than YouTube
Entertainment

African Creatives Urged To Think Bigger Than YouTube

by Esther Korantemaa OffeiSeptember 13, 2025
Lawyer Bobbey Banson
Extractives/Energy

Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms

by Evans Junior OwuSeptember 13, 2025
cedi stability and Ghana's gold reserves
Mining Investments
Mahama’s Government Accused of Betraying Ghanaians’ Trust
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
African Creatives Urged To Think Bigger Than YouTube
Lawyer Bobbey Banson
[/vc_row_inner]

Recent News

  • Cedi Stability Debate Heats Up Amid Political Clash
  • GHEITI Co-Chair Calls for Stricter Mining Licensing Standards 
  • Ahiagbah Warns of ‘Supreme Leader’ Under Mahama
  • Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases
  • African Creatives Urged To Think Bigger Than YouTube
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.