21st March 2024 8:15:57 AM
2 mins readThe Flagbearer of the New Patriotic Party, Dr. Mahamudu Bawumia, has criticized the Ghana Revenue Authority (GRA) for what he perceives as excessive harassment of businesses in the name of tax collection. Dr. Bawumia expressed his concerns during a dialogue with members of the Ghana Chamber of Commerce and Industry, seeking their input as the manifesto committee crafts ideas for the upcoming 2024 elections.
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He attributed the current situation to the GRA's practice of setting unrealistic targets for its officers, forcing them to resort to overly taxing existing businesses. To address this issue, Dr. Bawumia pledged to implement a flat tax rate in 2025 and provide tax amnesty to all businesses upon assuming office. “They are harassing businesses. That harassment is coming from the sort of target that are created at their office.
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They are setting unrealistic targets. And this is because the tax base is so narrow you say to them, this is your target for this month, and they are trying to figure out where do I go. “Then for them, it is very easy, you go back to where you had it the last time. You go to taxpayers, the people who are already paying taxes and then you have to come up with a new reason why they should pay more and so you come up with all sorts of stuff.
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” ‘Because of the harassment and the need to make money, we are going to start with a clean slate in 2025. And that is why in 2025, we are going to grant a tax amnesty to all businesses and individuals and start afresh. “So we are going to start the new system, it’s a flat tax system so we are going to wipe the slate clean for every individual and business.”
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