• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, July 19, 2026
  • 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
in Vaultz Business, Sub Top Stories, Sub Top Stories1

We are trying to change our operational processes for easier filing of taxes- GRA

Maynard Championby Maynard Champion
May 3, 2021
Reading Time: 3 mins read
Add as Preferred on Google
We are trying to change our operational processes for easier filing of taxes- GRA

Lawrence Hotsonyame, the Principal Revenue Officer at the Ghana Revenue Authority (GRA), has disclosed that the Authority is leveraging on the opportunities in digitisation. filing of taxes filing of taxes

According to him, the Authority in its operation will ensure that processes are simplified for taxpayers to file their returns and pay taxes online.

“We are trying to change our operational processes to make it easy for taxpayers to file returns and pay taxes online and these are the primary obligations of the taxpayer”.

Additionally, Mr. Hotsonyame revealed that taxpayers will be able to file their returns and pay their taxes through government’s official website.

“Taxpayers will be able to do this through the government of Ghana’s official platform, which we call the Ghana.gov, so when you log in you will find more state institutions including GRA.

“So, when you click on GRA, it gives you all the services we offer to be able to file and pay online”.

Digitisation of GRA systems

ADVERTISEMENT

The Ghana Revenue Authority in November 2020, assured the implementation of digitisation and automation systems. According to the Authority, this was to resolve the challenges associated with filing for tax reliefs.

The Head of Compliance and Debt management, Victor Akogo, revealed that, the manual system used by the Authority was responsible for the challenges with the filing for the tax reliefs.

“GRA only gives approval for the relief to be granted to the employee and not the GRA trying to reduce the taxes of the employee. It is the employer’s obligation to reduce the taxes based on the relief that the person has applied for as enshrined in the law”.

That notwithstanding, he expressed optimism over the success of the implementation of the new system.

“So, basically there is no misunderstanding but it is only that the manual way of computation that has probably created a huge burden for the controller that the reliefs are deducted from the payroll system. But with digitisation and automation of GRA systems, it will resolve all these issues”.

Replacement of TIN numbers

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

ADVERTISEMENT

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.

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.

ADVERTISEMENT

Meanwhile, the Ghana Revenue Authority has insisted that it has not reviewed the standard VAT rate in the country.

This follows report on social media that the rate has currently been increased to 19.5% due to the application of the new levy.

That notwithstanding, the Authority insists that VAT still stands at 12.5% and as such, it has not been reviewed.

READ ALSO: Create an atmosphere tolerant of criticism for the media- Mahama to Akufo-Addo

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: DigitizationGRALawrence HotsonyameRevenue GenerationTaxesTIN
ShareTweetShareSendSend
Please login to join discussion
Previous Post

DR Congo declares end of 12th Ebola outbreak that killed six

Next Post

Supporting MSMEs critical for Covid-19 recovery process

Related Posts

Government Extends Bank of Ghana Recapitalisation Into 2027
Banking

Government Extends Bank of Ghana Recapitalisation Into 2027

July 17, 2026
President John Dramani Mahama
Vaultz Business

Keta Port Gains Momentum as President Mahama Details Investor and Railway Plans

July 17, 2026
Ho Teaching Hospital
General News

Ghana Secures $200m for Ho Teaching Hospital Upgrade

July 17, 2026
BoG Warns Credit Contraction Still Haunts Ghana’s Economy
Economy

BoG Warns Credit Contraction Still Haunts Ghana’s Economy

July 17, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Global FDI Battle Forces Ghana to Raise Standards

Global FDI Battle Forces Ghana to Raise Standards

July 19, 2026
State Department Defends Decision To Revoke Chinese Student Visas

Rubio Discusses Implemention Of Trilateral Framework With Aoun

July 19, 2026
Armor Wars

MCU’s Armor Wars Reborn as Iron Man Sequel in Next Saga

July 19, 2026
Osagyefo Oliver Barker-Vormawor, Legal Practitioner and Activist

Barker-Vormawor Calls for Better Pay for Jurors, Judicial Staff

July 19, 2026
Madam Rose Nyamekye, a community health volunteer in Sene West District, Bone Region

GHS Honours Mama Rose for 30 Years of Community Health Service

July 19, 2026
ADVERTISEMENT
Next Post
Supporting MSMEs critical for Covid-19 recovery process

Supporting MSMEs critical for Covid-19 recovery process

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.