• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 8, 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

Cashless Policy Attractive to Investors – Kobina Amoako

July 9, 2021
Stephen M.Cby Stephen M.C
in General News
0
GRA to Start Taxing Betting and Gaming as a Strategy to Boost Revenue Collection

Ghana Revenue Authority

Mr Isaac Kobina Amoako, GRA Head of the Project Transformation Unit has stated that the cashless system being implemented by the authority is attractive to investors.

According to Mr Amoako, the cashless system will help GRA improve on its tax compliance and do away with the manual ways of carrying cash and filing tax returns say. He further noted that, “If you improve ease of doing business ranking, you become attractive to investors”.

Furthermore, he indicated that, as a result of the implementation of cashless policy geared towards the promotion of government’s effort to operate a cashless economy, cash is no more accepted in the domestic tax offices.

“As a result neither cash nor cheques are acceptable at any of its domestic tax offices, thus, the Authority is urging all taxpayers to acquaint themselves with digital systems in order to satisfy tax requirements to the state”.

Isaac Amoako

Moreover, Mr Amoako said the GRA has abandoned cash handling to the banks while focusing on its core function of assessing taxpayers, collection of taxes for the state and paying these revenues into the consolidated fund.

RelatedPosts

Suspended CJ Drags Ghana to ECOWAS Court 

Lands Minister Charges GoldBod Task Force To Protect Ghana’s Wealth

NPP Rejects Rerun In Ablekuma North Standoff, Claims Victory

Meanwhile, he reiterated that going digital aligned with government’s agenda to digitize the economy to promote efficiency, convenience as well as improve Ghana’s ranking in the ease of doing business.

That notwithstanding, Mr. Amoako highlighted one key advantage of the cashless system. “Going cashless offered their clients variety of channels to file tax returns anywhere in the world at any time of the day.”

However, Mrs. Mercy Amerley Brocke, GRA Head of the Information Technology Service Centre explaining the process for accessing the platform said one can sign up via the centralized government platform, www.ghana.gov using his or her email address and telephone number.

She noted that once a user is signed up, one has to select GRA from the options available, to reach the “file and pay taxes” button. She continued, “From that menu, one would be able to select the type of tax, payable using the Tax Identification Number.”

Mrs Brocke also suggested that,  clients could make payments via visa or credit cards, mobile money, QR code scan, bank deposits to pay all forms of taxes including; Value Added Taxes (VAT), withholding taxes, personal income tax, company taxes and customs duties.

In addition, she noted that, “we have also launched the USSD code *222# which you can use to transact with the GRA”.

However, she mentioned that taxpayers who do not register with the ghana.gov platform could still access invoices at GRA’s offices and pay directly at the banks.
Meanwhile she noted that without a Tax Identification Number or Personal Identification Number of the Ghana Card, one cannot do business with the GRA and urged taxpayer’s to take advantage to register for the Ghana Card.

She however indicated that, payments to the GRA using cheques would only take effect after cheques were cleared 48 hours after issuance at the banks as such, she however advised taxpayers to issue cheques in advance of date of expiration in order to avoid the penalties thereof.

Meanwhile, The Ghana Revenue Authority (GRA) since the beginning of this month July, 2021, has begun the implementation of cashless policy geared towards the promotion of government’s effort to operate a cashless economy.

READ ALSO: Ejura tripartite committee’s 10-days deadline extended

Tags: Cashless policyGRAMr. Amoako
Please login to join discussion
Previous Post

Black teen, Zaila Avant-Garde becomes first African American contestant to win National Spelling Bee

Next Post

GWCL set to improve water supply to industries

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

ITC Chief Warns Of Continued Uncertainty Over Trump Tariffs
USA

ITC Chief Warns Of Continued Uncertainty Over Trump Tariffs

July 8, 2025
Justice Gertrude Araba Esaaba Sackey Torkornoo
General News

Suspended CJ Drags Ghana to ECOWAS Court 

July 8, 2025
Trump’s Tariff Hits South Africa’s Exports Hard
Africa

Trump’s Tariff Hits South Africa’s Exports Hard

July 8, 2025
Ghana’s IMF Programme Goes Off Track
Economy

Ghana’s IMF Programme Goes Off Track

July 8, 2025
2Baba Unveils New Management Team
Entertainment

2Baba Unveils New Management Team

July 8, 2025
Hon. Emmanuel Armah-Kofi Buah, Gold, Ghana
General News

Lands Minister Charges GoldBod Task Force To Protect Ghana’s Wealth

July 8, 2025
ITC Chief Warns Of Continued Uncertainty Over Trump Tariffs
USA

ITC Chief Warns Of Continued Uncertainty Over Trump Tariffs

by Comfort AmpomaaJuly 8, 2025
Justice Gertrude Araba Esaaba Sackey Torkornoo
General News

Suspended CJ Drags Ghana to ECOWAS Court 

by Evans Junior OwuJuly 8, 2025
Trump’s Tariff Hits South Africa’s Exports Hard
Africa

Trump’s Tariff Hits South Africa’s Exports Hard

by Lawrence AnkutseJuly 8, 2025
Ghana’s IMF Programme Goes Off Track
Economy

Ghana’s IMF Programme Goes Off Track

by Stephen M.CJuly 8, 2025
2Baba Unveils New Management Team
Entertainment

2Baba Unveils New Management Team

by Esther Korantemaa OffeiJuly 8, 2025
Hon. Emmanuel Armah-Kofi Buah, Gold, Ghana
General News

Lands Minister Charges GoldBod Task Force To Protect Ghana’s Wealth

by Silas Kafui AssemJuly 8, 2025
ITC Chief Warns Of Continued Uncertainty Over Trump Tariffs
Justice Gertrude Araba Esaaba Sackey Torkornoo
Trump’s Tariff Hits South Africa’s Exports Hard
Ghana’s IMF Programme Goes Off Track
2Baba Unveils New Management Team
Hon. Emmanuel Armah-Kofi Buah, Gold, Ghana
[/vc_row_inner]

Recent News

  • ITC Chief Warns Of Continued Uncertainty Over Trump Tariffs
  • Suspended CJ Drags Ghana to ECOWAS Court 
  • Trump’s Tariff Hits South Africa’s Exports Hard
  • Ghana’s IMF Programme Goes Off Track
  • 2Baba Unveils New Management Team
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.