• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 16, 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

About 57% of registered taxpayers do not file returns – GRA

M.Cby M.C
July 22, 2021
Reading Time: 8 mins read
M.Cby M.C
in Economy
0
About 57% of registered taxpayers do not file returns – GRA

The integration of the various databases in the country has exposed the weaknesses in the taxpayers’ compliance to filing of tax returns with the Ghana Revenue Authority (GRA).  

According to the GRA, the completion of the comprehensive integration exercise with other government institutions, saw a total of 14 million registered taxpayers on its books.  However, 8 million taxpayers, the majority of registered taxpayers, have not been filing their tax returns, leaving 6 million complying with the tax laws. This means 57 percent of taxpayers do not comply with the tax regulation of a compulsory filing of their returns.

However, it is still not clear whether all the taxpayers who fail to file their returns do not also pay their taxes. The Commissioner-General, Ammishaddai Owusu-Amoah, explained that even though the majority of taxpayers on the current database of the GRA after the completion of the integration exercise do not file their tax returns, they might be paying their taxes.

RelatedPosts

A Brewing Debt Storm Threatens Ghana’s Recent Economic Gains

Ghana, World Bank Strengthen Partnership to Accelerate Development in Priority Sectors

Volta Region Readies for 24-Hour Economy Policy Program

9k=
Commissioner-General, Rev. Ammishaddai Owusu-Amoah

“From the data, you find out that there are a number of people that are supposed to be in the legal profession, medical profession, engineers, financial sector among others; but there is no evidence to the effect that they have filed their tax returns.

“You find people who are above the age of 35 and below the age of 65 who have residence in the top-10 affluent places in Ghana – like Labone, Cantonments, East Legon, yet you do not find their names in the database. Fortunately, we have their names, numbers and Ghana Post GPS, and we will engage them”.

Reasons for non-compliance

Meanwhile, the GRA Boss cited two possible reasons that may account for the huge number of taxpayers who do not file their tax returns. He explained that some of these people may bepaying the Pay as You Earn (PAYE) and as such feel that they are paying their taxes but do not file anything with the GRA. According to him, this means that “he or she has not previously registered for TIN. It doesn’t mean that he or she is not paying; it simply means that he is not filling. But there may be others who are also not paying anything at all”.

As a result, the GRA has outlined measures to engage taxpayers who are not filing their tax returns to do so, taking advantage of the tax waiver introduced in the 2021 budget which is expected to end in September this year.

ADVERTISEMENT

Consequently, Mr. Owusu-Amoah said that it is important for every individual to file his or her tax returns, as a lot of effort will be put into engendering compliance. Efficiency in the tax system is required for the country to improve its revenue mobilization through taxation, especially as government target a tax-to-GDP ratio of 28 percent in the next three years.

The integration of the databases saw the GRA and the Registrar-General’s Department collaborate with the National Identification Authority to convert the Ghana Card Personal Identification Numbers into Taxpayer Identification Numbers (TIN) for tax identification purposes.

READ ALSO: Credit to the private sector to expand by 8.6% in 2021

Tags: Ammishaddai Owusu-AmoahGRANIAtaxpayersTIN
Please login to join discussion
Previous Post

PDS failure shouldn’t be the end of ECG privatization

Next Post

NYA urges youth to raise awareness on innovations to ensure food security

Subscription Form

Related Posts

A Brewing Debt Storm Threatens Ghana’s Recent Economic Gains
Economy

A Brewing Debt Storm Threatens Ghana’s Recent Economic Gains

October 15, 2025
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, with Ajay Banga, President of the World Bank Group
Economy

Ghana, World Bank Strengthen Partnership to Accelerate Development in Priority Sectors

October 15, 2025
Volta Region Readies for 24-Hour Economy Policy Program
Economy

Volta Region Readies for 24-Hour Economy Policy Program

October 14, 2025
Cedi Stages Stunning Comeback: Rises to GH¢11.9 Per Dollar, Wipes Out Third Quarter Losses
Economy

Cedi Stages Stunning Comeback: Rises to GH¢11.40 Per Dollar, Wipes Out Third Quarter Losses

October 14, 2025
Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings
Economy

Forson, Asiama Lead Ghana’s Economic Diplomacy Offensive at 2025 IMF/World Bank Annual Meetings

October 15, 2025
Cocoa and Forests Initiative, Ferrero Strengthens Its Commitment in 2022
Economy

Decline In Global Cocoa Demand Puts Ghana’s Fiscal Position At Risk

October 13, 2025
Israel Urged To Open More Gaza Border Crossings To Allow Aid
Asia

Israel Urged To Open More Gaza Border Crossings To Allow Aid

by Comfort AmpomaaOctober 15, 2025
PHDC Signs MoU with Chemexa Petrochemical
Extractives/Energy

PHDC Signs MoU with Chemexa Petrochemical to Construct Storage Tanks 

by Prince AgyapongOctober 15, 2025
EU Likely To Not Reach 1m Round Ammunition Target For Ukraine
Europe

Germany Pledges More Military Aid For Ukraine

by Comfort AmpomaaOctober 15, 2025
UBA Ghana Defies Market Pressures, Posts GH¢1.08 Billion Earnings in Q3 2025
Banking

UBA Ghana Defies Market Pressures, Posts GH¢1.08 Billion Earnings in Q3 2025

by M.COctober 15, 2025
Kennedy Agyapong Confident After NPP Flagbearer Vetting
General News

Kennedy Agyapong Vows Never to Concede Before EC Declaration

by Silas Kafui AssemOctober 15, 2025
NHIA Deputy Chief Executive for Operations, Dr. Senanu Kwesi Djokoto
General News

NHIA Charts New Strategic Direction for 2026–2029 Medium-Term Plan

by Evans Junior OwuOctober 15, 2025
Israel Urged To Open More Gaza Border Crossings To Allow Aid
PHDC Signs MoU with Chemexa Petrochemical
EU Likely To Not Reach 1m Round Ammunition Target For Ukraine
UBA Ghana Defies Market Pressures, Posts GH¢1.08 Billion Earnings in Q3 2025
Kennedy Agyapong Confident After NPP Flagbearer Vetting
NHIA Deputy Chief Executive for Operations, Dr. Senanu Kwesi Djokoto

Recent News

Israel Urged To Open More Gaza Border Crossings To Allow Aid

Israel Urged To Open More Gaza Border Crossings To Allow Aid

October 15, 2025
PHDC Signs MoU with Chemexa Petrochemical

PHDC Signs MoU with Chemexa Petrochemical to Construct Storage Tanks 

October 15, 2025
EU Likely To Not Reach 1m Round Ammunition Target For Ukraine

Germany Pledges More Military Aid For Ukraine

October 15, 2025
UBA Ghana Defies Market Pressures, Posts GH¢1.08 Billion Earnings in Q3 2025

UBA Ghana Defies Market Pressures, Posts GH¢1.08 Billion Earnings in Q3 2025

October 15, 2025
Kennedy Agyapong Confident After NPP Flagbearer Vetting

Kennedy Agyapong Vows Never to Concede Before EC Declaration

October 15, 2025
NHIA Deputy Chief Executive for Operations, Dr. Senanu Kwesi Djokoto

NHIA Charts New Strategic Direction for 2026–2029 Medium-Term Plan

October 15, 2025
Subscription Form
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.