• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, September 30, 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
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

GIPA CEO, Mr. Simon Madjie Together with UNIDO After Meeting
Vaultz Business

GIPA Seeks UNIDO Support for National FDI Strategy

September 30, 2026
Hon. Sampson Ahi, Deputy Minister for Trade and Industry Addressing Stakeholders at the Eastern Expo 2026
Vaultz Business

Eastern Expo 2026 Opens Opportunities for Trade, Tourism and Investment

September 29, 2026
President John Dramani Mahama
General News

Debt Treatment Palliative, Mahama Pushes For Fairer Financial Architecture

September 29, 2026
Bond Market Turnover Slumps 28.56% to GH¢1.56bn
Securities/Markets

Bond Market Turnover Slumps 28.56% to GH¢1.56bn

September 29, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

LiveStream From Hell

Surprise Drop: Kai Cenat, Druski, Kevin Hart Film Hits Prime

September 30, 2026
Group photo from engagement

GNPC, UMaT Deepen Push For Petroleum Skills And Research

September 30, 2026
Professor H. Kwasi Prempeh, Executive Director of the Ghana Center for Democratic Development (CDD-Ghana)

CDD-Ghana Boss Calls for Mass Transit Plan to Phase Out Tro-tros

September 30, 2026
Honourable Reverend John Ntim Fordjour

Ntim Fordjour Cites Global Index Over Gaps In Ghana’s Security

September 30, 2026
UNICEF

Hunger Hits One in Five Children in Lebanon – UNICEF

September 30, 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.