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Tag: GRA

  • GRA directs financial institutions, payment platforms to cease applying e-levy 

    GRA directs financial institutions, payment platforms to cease applying e-levy 

    The Ghana Revenue Authority (GRA) has ordered all financial institutions and payment platforms to immediately halt the application of the 1% Electronic Transfer Levy (E-Levy), following its official repeal.

    Per the new directive, which takes effect from midnight on April 2, 2025, all entities responsible for charging the levy must ensure their systems are reconfigured to reflect the change. Edward Apenteng Gyamerah, Commissioner of the Domestic Tax Revenue Division, issued the notice on behalf of the Commissioner-General, making it clear that failure to comply will attract sanctions.

    “The GRA Electronic Transfer Levy Management and Assurance System (ELMAS) will automatically return a ‘no charge’ on all transactions posted to it by entities from midnight,” the directive stated.

    A key component of the new policy is the requirement for financial institutions and mobile money operators to initiate refunds for customers who may have been charged beyond the official abolition date.

    “Charging Entities must immediately process refunds for any E-Levy amounts deducted from customers effective today, April 2, 2025.

    Entities are to establish an expedited refund process and maintain proper documentation of all refunds processed,” the statement outlined.

    Additionally, all Charging Entities are required to submit comprehensive reports on refunds issued to the GRA to ensure transparency.

    While the E-Levy is no longer in effect, the GRA has emphasized that all institutions must account for levy collections made before April 2.

    “Charging Entities are to take the necessary steps to file and pay all outstanding E-Levy charged and collected on all transactions that occurred before April 2, 2025,” the directive warned.

    Failure to do so will result in legal consequences and penalties under Ghana’s tax regulations.

    Compliance Measures and Future Implications

    To enforce compliance, the GRA has announced that it will conduct regular inspections across all financial institutions and payment platforms.

    “Failure to comply with the above directives constitutes an offence, and sanctions will be imposed as prescribed by law,” the statement cautioned.

    Moreover, institutions must retain electronic transfer records for at least six years, in line with Section 27(3) of the Revenue Administration Act, 2016 (Act 915).

    The abolition of the E-Levy is expected to reinvigorate digital transactions in Ghana, particularly mobile money transfers, which saw a decline when the tax was first introduced. Analysts believe the decision will promote financial inclusion and drive digital payments, aligning with Ghana’s broader economic strategy.

    With this directive now in effect, electronic money transfers can proceed without additional deductions, while the GRA remains vigilant in ensuring full compliance.

  • Ex-ECG MD Dubik Mahama attempted to stop the auctioning of ECG containers in 2023 – Letter reveals

    Ex-ECG MD Dubik Mahama attempted to stop the auctioning of ECG containers in 2023 – Letter reveals

    Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, released a letter dated March 2, 2023 revealing his appeal to the Ghana Revenue Authority (GRA) to suspend the auctioning of ECG and PDS consigned containers at the Tema Port.

    Addressed to the Commissioner-General of the GRA, the letter requested an extension to facilitate the clearance of the consignments, citing ongoing legal disputes and negotiations with Power Distribution Services (PDS).

    Mahama highlighted the termination of agreements between ECG and PDS in October 2019, stressing that unresolved obligations and disputes had contributed to the delays.

    Mahama acknowledged that several containers had remained uncleared at the port, with uncertainty surrounding whether PDS had requested an extension for their clearance.

    REQUEST-FOR-THE-HALT-OF-AUCTIONING-OF-ECG-CONSIGNMENTS-AND-CONTAINERS-AT-THE-PORTS._0001Download

    While the letter recognized the Ghana Revenue Authority’s (GRA) authority to classify the containers as overstayed cargo and auction them, he cautioned that such action could undermine ECG and the government’s legal standing in ongoing disputes with PDS.

    He therefore urged the GRA to halt the auctioning process until ECG could resolve its issues with PDS and formally address the status of the uncleared consignments.

    The resurfacing of this letter comes at a time when Dubik Mahama faces allegations of awarding contracts without competitive bidding, resulting in excessive procurement costs that pushed ECG’s 2023 budget overrun to GHS 7.3 billion.

    Investigators also uncovered that 1,346 ECG containers, valued at $489 million, had either gone missing or been fraudulently cleared. The reemergence of Mahama’s correspondence further deepens concerns over ECG’s financial mismanagement and the unresolved fate of these consignments.

  • GRA begins Income Tax Assessments on Richard Armah Quaye’s investments after lavish party

    GRA begins Income Tax Assessments on Richard Armah Quaye’s investments after lavish party

    The Ghana Revenue Authority (GRA) has launched an income tax assessment on businessman Richard Nii Armah Quaye, Chairman of microcredit firm BILLS, as part of its ongoing efforts to ensure tax compliance among high-net-worth individuals.

    The assessment, according to sources at the GRA, is a routine audit aimed at verifying Mr. Quaye’s tax obligations. Contrary to some reports, the authority has denied freezing his financial accounts.

    “The development is positive for the relationship of both parties as the country is hoping to increase tax revenue this year,” a source told Joy Business.

    In addition to the income tax review, Mr. Quaye has undergone an import duty assessment on his luxury Bugatti Chiron, which he has since settled.

    The GRA has clarified that such tax administration exercises are conducted periodically, especially for individuals and businesses with consistent tax payment records. Following the assessment, Mr. Quaye is expected to fulfill any outstanding tax obligations on imported goods as recommended by the authority.

    The tax review comes in the wake of Mr. Quaye’s extravagant 40th birthday celebration at the Black Star Square in Accra. The high-profile event, dubbed #RNAQ40, attracted a host of influential personalities, including business moguls Dr. Osei Kwame Despite and Dr. Ernest Ofori Sarpong.

    Government officials, industry leaders, and international business figures were also present to celebrate Mr. Quaye’s achievements.

    Entertainment was a key highlight of the night, with electrifying performances from Nigerian superstar Davido, Ghana’s rap icon Sarkodie, and dancehall sensation Stonebwoy, who kept the audience on their feet.

    While Mr. Quaye continues to enjoy the limelight, the GRA’s assessment signals the government’s broader efforts to enhance revenue collection through stricter tax compliance.

  • GRA seizes boxes of opioids at Tema Port

    GRA seizes boxes of opioids at Tema Port

    The Ghana Revenue Authority (GRA) Customs Division has intercepted contraband goods at Tema Port.

    Boxes containing opioids were confiscated before noon today. There were 26 cartons of Rahol Tapentadol 250 mg, 160 cartons of Tafradol Tapentadol 120 mg, 40 cartons of Timaking Tapentadol 120 mg, 4 cartons of Timaking Tapentadol 250 mg, 190 cartons of Diazole Lp[eramide 2 mg and 320 cartons of Chlorpheniramine Maleate.

    The drugs are worth approximately GH₵20 million. The shipment was en route to Niger, its final destination.

    Engaging the media, Health Minister Mintah Akandoh condemned the use of land borders to smuggle drugs and announced that the impounded consignment would remain in the safe custody of the Authority.

    “There are only two designated areas for the import and export of medication—Tema Port and Kotoka International Airport. Drugs are not imported through our land borders,” he said.

    He called on stakeholders and security agencies to confiscate any drugs brought in through the land borders.

    The Health Minister indicated that authorities would swiftly seek a court order for the proper disposal of the consignment.

    The government and GRA have launched a manhunt for the individual(s) responsible for the boxes of opioids found at Tema Port.

    Today’s operation comes at a time when the country has intensified its efforts to curb the importation of opioids.

    A BBC Africa Eye investigation uncovered that Aveo Pharmaceuticals, based in Mumbai, has been producing unlicensed, highly addictive opioids that are illegally exported to West Africa. These drugs, packaged to resemble legitimate medications, contain a dangerous combination of tapentadol, a powerful opioid, and carisoprodol, a muscle relaxant banned in Europe due to its addictive properties.

    This combination, which is not licensed for medical use anywhere in the world, can cause severe side effects, including respiratory distress, seizures, and fatal overdoses. Despite these risks, the drugs have gained popularity as cheap, readily available street substances in Ghana, Nigeria, and Côte d’Ivoire.

    The Pharmaceutical Society of Ghana (PSGH) has condemned the illegal importation of dangerous opioids and called for a thorough investigation into the matter.

    The Society has urged multiple agencies—including the FDA, the Pharmacy Council, the Ghana Revenue Authority (GRA) Customs Division, the Criminal Investigation Department (CID) of the Ghana Police Service, the Narcotics Control Authority, and the National Intelligence Bureau—to probe the issue and hold those responsible accountable.

    “If any local pharmaceutical company is found to have breached regulatory protocols, appropriate sanctions should be enforced to maintain the integrity of the pharmaceutical supply chain in Ghana,” PSGH stated in a press release issued on February 24.

    Ghana’s Food and Drugs Authority (FDA) has revoked the Good Manufacturing Practices (GMP) certification of Aveo Pharmaceuticals, an Indian pharmaceutical company, after investigations linked it to the illegal distribution of opioid-based medications in West Africa.

    As part of the crackdown, the FDA has also directed Samos Pharma, a Ghana-based importer, to terminate all business relations with Aveo Pharmaceuticals and Westfin International. Additionally, the registration of six products from Masters Pharmaceutical Limited, which intended to use Aveo as a contract manufacturer, has been suspended.

    Below are photos taken during the arrest.

    Today’s operation comes at a time when the country has beefed up its efforts to end the importation of oipoids.

    A BBC Africa Eye investigation uncovered that Aveo Pharmaceuticals, based in Mumbai, has been producing unlicensed, highly addictive opioids that are illegally exported to West Africa. These drugs, packaged to resemble legitimate medications, contain a dangerous combination of tapentadol, a powerful opioid, and carisoprodol, a muscle relaxant banned in Europe due to its addictive properties.

    The combination, which is not licensed for medical use anywhere in the world, can cause severe side effects, including respiratory distress, seizures, and fatal overdoses. Despite these risks, the drugs have gained popularity as cheap, readily available street substances in Ghana, Nigeria, and Côte d’Ivoire.

    The Pharmaceutical Society of Ghana (PSGH) has condemned the illegal importation of dangerous opioids and called for a thorough investigation into the matter.

    The Society has urged multiple agencies—including the FDA, the Pharmacy Council, the Ghana Revenue Authority (GRA) Customs Division, the Criminal Investigation Department (CID) of the Ghana Police Service, the Narcotics Control Authority, and the National Intelligence Bureau—to probe the issue and hold those responsible accountable.

    “If any local pharmaceutical company is found to have breached regulatory protocols, appropriate sanctions should be enforced to maintain the integrity of the pharmaceutical supply chain in Ghana,” PSGH stated in a press release issued on February 24.

  • GRA gives breakdown GFA bus shipment; reveals it contained 40 mattresses, costing GH₵356K for one container

    GRA gives breakdown GFA bus shipment; reveals it contained 40 mattresses, costing GH₵356K for one container

    Ghana Revenue Authority (GRA) has disclosed to JoySports that one of the containers used to transport the nine buses procured by the Ghana Football Association (GFA) for Division One League clubs also contained over 30 mattresses. The inclusion of these items brought the total expenditure to GH₵356,380.33.

    It remains unclear whether the mattresses were intended for the newly revamped Ghanaman Soccer Centre of Excellence or for another purpose.

    Last week, JoySports reported that some of the buses, imported at a cost of GH₵5,175,000 and cleared by Freightgistics Ghana Company Ltd., had yet to be registered due to missing documentation, according to some clubs.

    Additionally, Hohoe United’s bus was reportedly taken straight to a mechanic shop in Avenor, Accra, upon arrival. The JoySports investigation also revealed that the used Hyundai County bus was shipped alongside other unidentified items in the container.

    Further inquiries have now confirmed that these additional imports were medium-sized and student mattresses. JoySports’ Muftawu Nabila Abdulai had formally requested details from the GRA regarding the container’s full contents.

    The Ghana Revenue Authority (GRA) has clarified that a total of 40 mattresses were included in the shipment that delivered one of the nine used Hyundai County buses procured by the Ghana Football Association (GFA) for Division One League clubs.

    This information was received after JoySports had already published its initial report, meaning the details were not incorporated at the time. According to the GRA, the container carrying the black matte Hyundai County bus also contained 25 packs of medium-sized mattresses and 15 packs of student mattresses.

    The Cost, Insurance, and Freight (CIF) value of the bus was GH₵212,783.08. Meanwhile, the 25 medium-sized mattresses were valued at GH₵32,597.50, and the 15 student mattresses at GH₵14,027.29.

    As previously reported in JoySports’ March 4, 2025, publication, the total duty paid on the bus amounted to GH₵72,116.10. Per the GRA’s breakdown, the duty on the medium-sized mattresses stood at GH₵17,000.86, while the student mattresses attracted a duty of GH₵7,311.63.

    “[Meanwhile]… the total duty on the container’s contents amounts to GHC 96,972.46.”

    GFA paid GHC 96,972.46 to GRA via its Zenith Bank account
    The total amount spent on the container, including the CIF value and duty, is GHC 356,380.33.

  • Exceed GHC200bn revenue target by end of 2025 – Finance Minister directs GRA

    Exceed GHC200bn revenue target by end of 2025 – Finance Minister directs GRA

    Finance minister Dr. Cassiel Ato Baah Forson has urged the Ghana Revenue Authority (GRA) to exceed its revenue target of GHC200bn for 2025.

    This was disclosed by the  Ghana Revenue Authority, Commissioner-General Mr. Anthony Kwasi Sarpong

    “Our sector minister honourable Ato Forson has already indicated that in 2025 as GRA, he expects us to exceed GHC200bn as tax revenue,” Mr Sarpong told the media.

    Mr. Sarpong reiterated that the authority’s primary mandate would be to grow and achieve revenue targets, noting that every effort would be made to meet the minister’s expectations.

    “We will work hard to deliver on our commitments and ensure that we support the nation’s financial needs. This is not an individual effort but a collective one, and when we succeed, it will benefit the entire country,” he stated.

    The GRA has surpassed its 2024 revenue target, collecting GH¢ 153.5 billion, a 5.3 percent increase over the projected GH¢ 145.9 billion.

    This translates to a nominal growth of 35 percent compared to 2023.

    Key drivers of this performance include robust growth in domestic revenue (31.6 percent) and customs (47 percent), exceeding expectations across several tax handles. Notably, corporate tax collections reached GH¢ 38 billion, surpassing the GH¢ 30 billion target.

    Addressing GRA management, Dr. Forson highlighted the country’s limited borrowing options in the current fiscal environment.

    “Without revenue, there is little you can do. We do not have access to the Eurobond market, commercial bank loans, or even the domestic bond market. The only access we have is Treasury bills and multilateral loans,” he said.

    He added that these constraints make domestic resource mobilisation more crucial than ever.

    The minister noted that, under the International Monetary Fund (IMF) programme, the government is obligated to raise additional tax revenue equivalent to 0.6 percent of gross domestic product (GDP) in 2025.

    Prior to assuming office, the Finance Minister pledged to improve tax compliance to increase Ghana’s tax revenue to 16% of GDP without raising taxes.

    Adding that his focus would be on working closely with the Ghana Revenue Authority (GRA) and the tax policy unit of the Ministry of Finance to improve compliance and revenue collection.

    “We don’t necessarily have to increase taxes before you rake in revenue. What we need to do is improve compliance. I will work with the GRA and the tax policy unit to ensure we increase compliance and raise the revenue as much as we can,” he noted.

  • COCOBOD, GRA seizes 1,115 smuggled gallons of cocoa near Togo

    COCOBOD, GRA seizes 1,115 smuggled gallons of cocoa near Togo

    A truck carrying 1,115 gallons of cocoa beans has been intercepted at the Ave-Havi border in the Volta Region, near Togo, through a joint operation by the Ghana Cocoa Board (COCOBOD) and the Ghana Revenue Authority (GRA).

    Driven by Ibrahim Fatawu, the vehicle, registered as AS 2103-W, was found transporting the smuggled cocoa.

    As part of continuous efforts to combat illegal exports of Ghana’s premium cocoa, authorities uncovered the smuggled beans hidden in gallons inside the truck.

    COCOBOD’s Director of Special Services, Mr. Charles Amenyaglo, explained that the cocoa was being smuggled for sale in Togo to bypass Ghana’s regulated pricing system.

    Now under the custody of COCOBOD and GRA, the seized consignment remains subject to further investigations.

    Expressing his concerns, Mr. Amenyaglo remarked, “This interception is a proof that cocoa smuggling remains a serious issue in Ghana and we are intensifying our efforts to track down these illegal operations and protect our farmers and the economy.”

    The Board’s Head of Security has reiterated its dedication to safeguarding Ghana’s cocoa industry from illegal trade. “We remain vigilant and will continue working with security agencies to prevent the smuggling of cocoa, which threatens the livelihoods of our hardworking farmers and the economy as a whole.”

    Strict legal consequences await those caught in cocoa smuggling, as authorities have issued a strong warning against such activities.

    The latest interception underscores COCOBOD and the government’s determination to protect Ghana’s cocoa sector from illegal trade.

    To further safeguard the nation’s cocoa resources, COCOBOD’s management is urging the public to report any suspicious activities related to cocoa smuggling.

  • GRA probes Sogakope Customs checkpoint shooting incident

    GRA probes Sogakope Customs checkpoint shooting incident

    The Ghana Revenue Authority (GRA) has launched an investigation into a shooting incident at the Sogakope Customs checkpoint on February 19, which left a bystander injured.

    According to the GRA, officers from the Customs Division stationed at the checkpoint received intelligence on a suspected uncustomed Mercedes-Benz E350 sedan allegedly being smuggled into Ghana from Togo. When the officers attempted to intercept the vehicle, the occupants reportedly abandoned the car and fled the scene on foot.

    In an effort to halt the suspects, the Customs team discharged warning shots. Unfortunately, a stray bullet struck a bystander who was a few metres away from the checkpoint. The injured individual was quickly transported to the Sogakope Comboni Hospital and is currently responding to treatment.

    The GRA has assured the public that it is thoroughly investigating the incident and is taking all necessary steps to safeguard the welfare of those affected.

    “We sympathize with persons affected by the unfortunate incident which occurred in the course of protection of revenue at the country’s borders and remain committed to our mission of ensuring the safety and security of all stakeholders,” the Authority stated.

    GRA RESPONDS TO SHOOTING INCIDENCE AT SOGAKOPE CUSTOMS CHECKPOINTDownload
  • U.S. Army Major jailed 70 months for smuggling firearms to Ghana

    U.S. Army Major jailed 70 months for smuggling firearms to Ghana

    U.S. Army Major Kojo Owusu Dartey has been sentenced to 70 months in prison and three years of supervised release for smuggling firearms to Ghana and making false statements to federal authorities.

    The 42-year-old, based at Fort Liberty, was found guilty by a jury on April 23, 2024, on charges including conspiracy, illegal firearm dealing, false declarations in court, and exporting firearms without a license.

    According to court records and trial evidence, Dartey orchestrated a firearms smuggling operation by purchasing seven firearms in North Carolina and instructing a U.S. Army Staff Sergeant at Fort Campbell, Kentucky, to buy three more and send them to him.

    He then concealed the weapons inside blue barrels filled with rice and household goods before working with an Army Chief Warrant Officer to smuggle them through the Port of Baltimore, Maryland.

    The barrels were shipped to the Port of Tema, Ghana, where Ghanaian authorities later seized them and alerted the DEA attaché in Ghana and the ATF Baltimore Field Division.

    Dartey was also linked to a 16-defendant marriage fraud scheme involving soldiers at Fort Liberty and foreign nationals from Ghana. He provided information that led to its prosecution but later lied to federal law enforcement and under oath in court about his relationship with a defense witness during the U.S. v. Agyapong trial between June 28 and July 2, 2021.

    His sentencing was announced by Acting U.S. Attorney for the Eastern District of North Carolina, Daniel Bubar, following an investigation by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), the Army Criminal Investigation Division (CID), and the Department of Commerce’s Office of Export Enforcement. Assistant U.S. Attorney Gabriel J. Diaz prosecuted the case.

  • Mahama dragged to Court over appointment of GRA boss Anthony Sarpong

    Mahama dragged to Court over appointment of GRA boss Anthony Sarpong

    A Ghanaian citizen, Emmanuella Sarfowaah, has taken legal action against President John Dramani Mahama over his decision to appoint Anthony Kwasi Sarpong as the Acting Commissioner-General of the Ghana Revenue Authority (GRA).

    Madam Sarfowaah argues that the appointment, made in a letter dated January 21, 2025, is unconstitutional as it did not follow the proper legal procedures.

    She argues that Mr Sarpong still holds an interest in KPMG, where he is listed as a senior partner, and that his appointment to head the GRA raises serious ethical and legal questions. Adding that it is unlawful for the John Mahama to appoint the Commissioner-General in the absence of a Governing Council.

    “The Plaintiff says that the 1st Defendant before the letter was, and/or still is (the website of KPMG as of 26th January 2025 still listed the 1st Defendant as such), the Senior Partner of KPMG (a foreign accounting firm practicing in Ghana), with ‘Senior Partner’ being defined by the website of KPMG as the Chief Executive Officer of the firm.”

    “The Plaintiff says that the 2nd Defendant, the Ghana Revenue Authority, had no Governing Council as of 21st January 2025. The Plaintiff adds that KPMG has or has had a number of FEE-PAYING contractual working relationships with the 2nd Defendant, with the 1st Defendant as its Senior Partner at least until 21st January 2025 or thereabout,” parts of the writ of summons read.

    Mr Sarpong was appointed as Acting Commissioner-General following the resignation of his predecessor, Julie Essiam, on January 20, 2025. His appointment was based on Article 195(1) of the Constitution and Section 13(1) of the Ghana Revenue Act, 2009 (Act 791).

    However, according to court documents sighted by the media on February 1, Sarfowaah is contesting the appointment, citing concerns over a potential conflict of interest.

    She is seeking an injunction to prevent Sarpong’s continued appointment.

    “A perpetual injunction order against the President of the Republic of Ghana restraining him or any person acting by his authority from appointing the 1st Defendant, a former employee of KPMG and/or a person with an interest in KPMG or a person who had an interest in KPMG, as the Acting and/or the Commissioner-General of the GRA.

    The court has however, instructed all defendants to file their responses within eight days of receiving the lawsuit as the case progresses.



    A Ghanaian citizen, Emmanuella Sarfowaah, has taken legal action against President John Dramani Mahama over his decision to appoint Anthony Kwasi Sarpong as the Acting Commissioner-General of the Ghana Revenue Authority (GRA).

    The lawsuit, filed through the Attorney General and Minister of Justice, Dominic Akuritinga Ayine, questions whether Mahama had the legal authority to make the appointment.

    Sarpong was named Acting Commissioner-General after Julie Essiam resigned from the role on January 20, 2025. His appointment was based on constitutional and legal provisions that govern public service appointments.

    However, court documents seen by Citi News on February 1 suggest Sarfowaah is challenging the appointment, raising concerns about a possible conflict of interest.

    She claims that Sarpong is still linked to KPMG, where he is listed as a senior partner, and argues that leading the GRA while maintaining ties to the firm could pose ethical and legal issues.

    Additionally, she insists that appointing a Commissioner-General without a Governing Council in place goes against the law.

    “The Plaintiff says that the 1st Defendant before the letter was, and/or still is (the website of KPMG as of 26th January 2025 still listed the 1st Defendant as such), the Senior Partner of KPMG (a foreign accounting firm practicing in Ghana), with ‘Senior Partner’ being defined by the website of KPMG as the Chief Executive Officer of the firm.

    “The Plaintiff says that the 2nd Defendant, the Ghana Revenue Authority, had no Governing Council as of 21st January 2025. The Plaintiff adds that KPMG has or has had a number of FEE-PAYING contractual working relationships with the 2nd Defendant, with the 1st Defendant as its Senior Partner at least until 21st January 2025 or thereabout,” parts of the writ of summons read.

    “The 2nd Defendant is a statutory body with a Governing Council that must provide advice before the President of the Republic of Ghana can appoint a Commissioner-General of the 2nd Defendant in a substantive or acting capacity.”

    Sarfowaah is urging the court to nullify Mahama’s appointment of Sarpong, claiming it goes against legal provisions.

    “The plaintiff claims further or in the alternative, a finding that the appointment of the 1st Defendant, a former employee of KPMG and/or a person with an interest in KPMG or a person who had an interest in KPMG until 21st January 2025, by the President of the Republic of Ghana as the Acting Commissioner-General of the GRA is unlawful as it was made in violation of the laws of Ghana.

    “An order revoking the appointment of the 1st Defendant, a former employee of KPMG and/or a person with an interest in KPMG or a person who had an interest in KPMG, by the President of the Republic of Ghana as the Acting Commissioner-General of the GRA,” the document states.

    In addition, the plaintiff is seeking an injunction to prevent Sarpong’s continued appointment.

    “A perpetual injunction order against the President of the Republic of Ghana restraining him or any person acting by his authority from appointing the 1st Defendant, a former employee of KPMG and/or a person with an interest in KPMG or a person who had an interest in KPMG, as the Acting and/or the Commissioner-General of the GRA.

    “Further or in the alternative to relief e), a perpetual injunction order against the Governing Council of the 2nd Defendant restraining the Council or any person acting by its authority from considering and/or proffering advice to the President of the Republic of Ghana as stipulated under Article 195 of the 1992 Constitution in respect of the appointment of the 1st Defendant, a former employee of KPMG and/or a person with an interest in KPMG or a person who had an interest in KPMG, as the Acting and/or the Commissioner-General of the GRA,” it adds.

    As the case proceeds, the court has directed all defendants to submit their responses within eight days of receiving the suit.

  • Exceed your target to reduce govt borrowing – Finance Minister charges GRA

    Exceed your target to reduce govt borrowing – Finance Minister charges GRA

    Finance Minister Dr. Cassiel Ato Baah Forson has urged the Ghana Revenue Authority (GRA) to surpass its revenue targets to help reduce the government’s reliance on borrowing.

    Speaking during a visit to the GRA as part of a series of engagements aimed at addressing key revenue and public expenditure issues, Dr. Forson emphasized the importance of domestic resource mobilization in light of limited access to international borrowing markets.

    “Without revenue, there’s little you can do,” Dr. Forson remarked. He pointed out that Ghana currently has no access to Eurobond markets, domestic bonds, or commercial bank loans, leaving Treasury bills and multilateral loans as the only available financing options. “This means we have to focus more on domestic resource mobilization rather than borrowing externally,” he stressed.

    While acknowledging the GRA’s success in exceeding its 2024 revenue target by raising GH₵153.5 billion—GH₵7.5 billion above the initial target—Dr. Forson urged the agency to set even higher goals for 2025. “Achieving your target will not be enough; you have to exceed it so that we can reduce borrowing. The space to borrow is simply not there,” he said.

    The GRA’s performance in 2024, which saw a 5.3% increase in revenue compared to the target, reflects a nominal growth of 35% from 2023. Additionally, with the introduction of levies such as the Sanitation Debt Recovery Levy and Energy Sector Debt, total revenue collection reached GH₵157.9 billion.

    As part of Ghana’s fiscal consolidation efforts under the International Monetary Fund (IMF) program, Dr. Forson reminded the GRA that they are obligated to raise additional tax revenue equivalent to 0.6% of the GDP.

    “This agreement is between the government of Ghana and the IMF, not political parties, so we are obligated to meet this target. I urge you to find innovative ways to achieve this,” he added.

    The Acting Commissioner General of the GRA, Anthony Kwasi Sarpong, responded by emphasizing the importance of teamwork in achieving the agency’s targets. “I may have two hands and one head, but together with the entire GRA team, we can overcome any challenges,” Mr. Sarpong said, reaffirming the institution’s commitment to revenue generation.

    In a separate meeting with the Controller and Accountant General’s Department (CAGD), Dr. Forson discussed the need for expenditure quality in managing public funds. He explained that while the Ministry of Finance sets expenditure priorities, the CAGD must ensure compliance with the law.

    “Your role is to ensure that whatever we direct you to pay is carefully reviewed. If it aligns with the law, proceed with payment. But the quality of expenditure is the prerogative of the Ministry of Finance,” Dr. Forson stated.

    The Controller and Accountant General, Kwasi Agyei, expressed appreciation for Dr. Forson’s leadership and reiterated the CAGD’s commitment to transparency.

    “Our mandate, as outlined in the Public Financial Management (PFM) Act, is to ensure transparency in transactions and proper management of funds,” he said.

    However, Mr. Agyei also acknowledged the need for further system upgrades to maintain public trust, which he stressed is critical to the success of Ghana’s financial management. “Declining public trust in the management of public funds is a growing concern across Africa. While Ghana has not yet reached a critical point, we must act now to sustain confidence in our financial systems,” he warned.

  • GRA achieves 35% growth in 2024

    GRA achieves 35% growth in 2024

    The Ghana Revenue Authority (GRA) collected more money than expected in 2024, bringing in GH₵153.5 billion.

    This is GH₵7.5 billion more than their target of GH₵145.9 billion, which is a 5.3% increase. Compared to 2023, this is a 35% growth. Including additional levies, the total revenue reached GH₵157.9 billion.

    Drivers of the 2024 revenue collection

    Domestic revenue increased by 31.6%, and Customs revenue grew by 47.0%.

    Most taxes collected more money than the Ghana Revenue Authority (GRA) expected.

    For example, the GRA aimed to collect GH₵30 billion from Corporate Tax but ended up with GH₵38 billion.

    Mineral Royalty brought in GH₵5.2 billion, exceeding the target of GH₵3 billion.

    Airport tax collected GH₵1.6 billion, more than the GH₵1.3 billion target.

    People close to the GRA said that besides some taxes performing well, the authority’s strict enforcement also helped achieve the 2024 target.

    Performance of e-levy and Covid-19 levy

    The GRA aimed to collect GH₵2.1 billion from the e-levy in 2024 but ended up with GH₵2 billion.

    For the COVID-19 Health Recovery Levy (Flat Rate), the target was GH₵128 million, but they collected GH₵86 million.

    For the COVID-19 Health Recovery Levy (Standard Rate), they collected GH₵2.7 billion instead of the GH₵4.2 billion target.

  • Anthony Kwasi Sarpong appointed Acting GRA Commissioner-General

    Anthony Kwasi Sarpong appointed Acting GRA Commissioner-General

    Anthony Kwasi Sarpong, Senior Partner at KPMG, has been appointed as the Acting Commissioner-General of the Ghana Revenue Authority (GRA) by President John Dramani Mahama.

    This appointment, effective January 21, 2025, was announced in a statement from the Office of the President. It complies with Article 195(1) of the Constitution and Section 13(1) of the Ghana Revenue Act, 2009 (Act 791).

    The statement clarified that the appointment awaits the Constitutionally required advice of the GRA Governing Board in consultation with the Public Services Commission. Mr. Sarpong is expected to confirm his acceptance within 14 days.

    The role became vacant following the resignation of Ms. Julie Essiam, who stepped down as Commissioner-General. Her resignation, communicated in a letter dated January 20, 2025, was addressed to the President through the Finance Minister-designate.

    In her letter, Ms. Essiam expressed gratitude for the opportunity to serve in the position. “With the greatest depth of gratitude, after five and half years of an incredible career at the Ghana Revenue Authority (GRA), I write to resign from my position as the Commissioner-General of the Authority, with immediate effect,” she stated.

    Appointed by former President Nana Akufo-Addo in March 2024, Ms. Essiam’s tenure as Commissioner-General lasted less than a year. Before this role, she headed the GRA’s Support Services Division.

    Reflecting on her time at the GRA, Ms. Essiam noted a significant milestone in revenue collection during the 2024 fiscal year. “The GRA achieved a revenue performance of GH₵152.977 billion, surpassing its target of GH₵145.998 billion,” she stated.

  • GRA Commissioner-General, Julie Essiam, resigns

    GRA Commissioner-General, Julie Essiam, resigns

    Ms. Julie Essiam has stepped down as Commissioner-General of the Ghana Revenue Authority (GRA). Her resignation was announced in a letter dated January 20, 2024, addressed to the President through the Finance Minister-designate.

    In the letter, Ms. Essiam expressed her gratitude for the opportunity to serve in her role. “With the greatest depth of gratitude, after five and half years of an incredible career at the Ghana Revenue Authority (GRA), I write to resign from my position as the Commissioner-General of the Authority, with immediate effect,” she stated.

    Appointed in March 2024 by former President Akufo-Addo, Ms. Essiam’s tenure as Commissioner-General lasted less than a year. Prior to this, she was in charge of the GRA’s Support Services Division.

    Reflecting on her tenure, Ms. Essiam highlighted a notable achievement in revenue collection for the 2024 fiscal year. According to her, the GRA achieved a revenue performance of GH₵152.977 billion, surpassing its target of GH₵145.998 billion.

    “This represents exceeding our annual target by GH₵6.978 billion, an increase of 4.8%. With this performance, the GRA is now operating at a Tax to GDP Ratio of 17.0%, exceeding the target of 16.1%. Overall, this achievement represents a nominal growth of 35.3% over the 2023 performance,” she revealed.

    Despite these accomplishments, Ms. Essiam noted the need for further transformation within the GRA to maximize revenue mobilization. “This notwithstanding, there still remain opportunities for a fundamental transformation of the Authority’s operating model for optimal revenue mobilization,” she observed.

    She also emphasized the importance of implementing key reforms, including the Integrated Tax Administration System (ITAS) for the Domestic Tax Revenue Division (DTRD) and sustaining the ongoing Taxpayer Data Cleansing initiative. “I have outlined all of this in my report to be shared with the Honorable Finance Minister – Designate,” she added.

    Concluding her letter, Ms. Essiam expressed her appreciation for the opportunity to serve the nation. “The opportunity to serve this nation in this capacity has been an honor and a privilege,” she remarked.

  • ICC rules in favour of Tullow Ghana in $320m tax dispute with GRA

    ICC rules in favour of Tullow Ghana in $320m tax dispute with GRA

    Tullow Ghana has won a major legal case against the Ghana Revenue Authority (GRA) in a high-stakes tax dispute. This ruling clears Tullow of the $320 million tax liability and ensures it will not face similar tax claims in the future. 

    This comes after Tullow Ghana filed the request for arbitration with the International Chamber of Commerce (ICC) in February 2023. 

    This was in response to the tax assessment imposed by the Ghana Revenue Authority (GRA) and the disagreement over the application of the Branch Profit Remittance Tax (BPRT). 

    After 11 months of legal battle, the International Chamber of Commerce (ICC) on January 2, 2025 ruled in favor of Tullow Ghana.

    Tullow Chief Executive Officer, Rahul Dhir expressed satisfaction with the Tribunal’s decision, describing it as a reaffirmation of the company’s interpretation of the Petroleum Agreements. 

    “We are delighted with the outcome and decision of the Tribunal, which affirms our assessment and removes a material overhang from our business,” Dhir said. 

    Tullow has expressed its commitment to working positively with the Government of Ghana to settle two remaining tax disputes currently being handled by the International Chamber of Commerce (ICC).

    These disputes, submitted to the ICC in February 2023, are a top priority for Tullow as it aims to reach fair agreements with the Ghanaian authorities.

    The company also plans to strengthen its partnership with the government to fully harness the potential of its major oil fields, Jubilee and TEN, which play a significant role in Ghana’s oil production.

  • Govt withdraws tax collectors allegedly harassing businesses – Finance Minister

    Govt withdraws tax collectors allegedly harassing businesses – Finance Minister

    Finance Minister Dr. Mohammed Amin Adam has announced that the government has withdrawn Ghana Revenue Authority (GRA) officials allegedly harassing businesses as part of efforts to improve the investment climate in Ghana.

    This move follows concerns raised by members of the French business community regarding undue pressure from tax collectors.

    Addressing the French Chamber of Commerce at the Annual Cocktail event and the launch of the France-Ghana Economic Report 2023-2024, held at the French Ambassador’s residence in Accra, Dr. Amin Adam reassured French businesses of the government’s commitment to addressing their concerns and fostering a more favorable business environment.

    “I want to appeal to you to continue to stay in Ghana because we are addressing all the issues that you have raised with me,” he said, noting that actions had been taken to withdraw GRA officials accused of harassing businesses.

    “Issues relating to taxes and harassment of businesses by tax collectors, you will notice, have been resolved. We’ve had to withdraw all the tax collectors who were allegedly harassing businesses from those centres of operation, and so you won’t see them anymore,” he added.

    The GRA has faced repeated criticism for what some perceive as aggressive tax collection tactics. In March, New Patriotic Party Flagbearer Dr. Mahamudu Bawumia expressed concern that GRA’s high targets for tax officers lead to harassment of businesses.

    “They are harassing businesses. That harassment is coming from the sort of targets that are created at their office. They are setting unrealistic targets… so you come up with all sorts of stuff,” Dr. Bawumia said.

    Echoing similar sentiments, Alhassan Andani, former Chief Executive Officer of Stanbic Bank, recently likened the GRA’s approach to “a terrorist organization,” claiming the authority’s tactics often put undue pressure on businesses.

    “I know a number of organizations, when GRA gets into their space, it’s as if they deliberately do it to wriggle people’s arms to take money,” he remarked.

    Businesses in Ghana are currently grappling with high inflation, cedi depreciation, and multiple tax obligations, which continue to strain their operations. The GRA, tasked with ensuring compliance with tax laws, is under pressure to secure a stable revenue flow for the government amid these economic challenges.

  • GRA acting like a bully, forcing people to pay money through harsh methods – Alhassan Andani

    GRA acting like a bully, forcing people to pay money through harsh methods – Alhassan Andani

    Former Chief Executive Officer of Stanbic Bank, Alhassan Andani, has criticized the Ghana Revenue Authority (GRA) for its aggressive approach to tax collection.

    He likened the GRA’s tactics to those of a terrorist, forcefully squeezing money from businesses.

    Speaking at the Ghana CEO Presidential Gala Dinner in Accra on Thursday, November 7, 2024, Andani expressed concern that the current tax system is stifling the private sector.

    He pointed out that the complex system, which involves the payment of 33 different taxes, is obstructing business growth and contributing to corruption.

    “GRA has become a terrorist organization. I know a number of organizations, when GRA gets into their space, it’s as if they deliberately do it to wriggle people’s arms to take money,” he said during the panel discussion.

    He added, “When GRA is coming, it is like a terrorist coming. It’s supposed to be you file what you projected to do for the year, and you pay tax quarterly…”

    “Any new tax measures we don’t simplify, and indeed merge and delete some taxes… we just have to rationalize it and give this very emerging capital or private sector people time to breathe,” Mr. Andani indicated.

    At present, businesses are struggling to generate more revenue and remain operational due to high inflation, the depreciation of the cedi, and the multitude of taxes they are required to pay to the government.

    The Ghana Revenue Authority (GRA) is tasked with ensuring full compliance with tax laws to secure a steady revenue stream for the government.

    In addition, it supports trade and guarantees a regulated and secure movement of goods across the country’s borders.

  • Customs Division maintains goods-in-transit inspections despite GUTA concerns

    Customs Division maintains goods-in-transit inspections despite GUTA concerns

    Commissioner of the Customs Division at the Ghana Revenue Authority (GRA), Brigadier General Zibrim Ayorrogo, has affirmed that Customs will persist in inspecting goods that have already been cleared during transit, as needed.

    In recent years, some importers and manufacturers, including members of the Ghana Union of Traders Association (GUTA) in the Ashanti Region, have raised concerns about the re-examination of cleared goods at the Kubease Customs checkpoint.

    They argue that this practice leads to delays and additional charges, which they find counterproductive. Furthermore, they point out that it creates cost discrepancies for businesses located outside of Accra, often forcing them to relocate to the capital.

    However, in response to a question from journalists during a pre-visit briefing to Kumasi Customs Collections in the Ashanti Region, the Commissioner made it clear that this practice will continue.

    “The examination will continue. Once goods leave the port and taxes have been legitimately paid, no one has the right to stop them. However, when Customs officers stop and inspect a shipment, it indicates that there may be a concern.

    More often than not, when a container is stopped and tagged we find issues such as undervaluation, excess items or misdescription.

    In such cases, the Customs Division is justified in its actions. This will not stop today; it will occur intermittently based on intelligence when we suspect issues, prompting us to check the containers,” Brigadier Ayorrogo said.

    He acknowledged the validity of concerns raised by GUTA and the Association of Ghana Industries (AGI) but mentioned that officers conducting inspections sometimes overlook specific details.

    “These are legitimate concerns. When a container leaves the port in Tema heading to Kumasi, some clearance has already been completed. In some instances, there are irregularities at the port. In some cases, people are sleeping at the port.”

    “They have their ways. We have a task force, and more often than not when these task forces encounter containers they find discrepancies. In that regard, GUTA also has valid concerns. This process will not stop; it will be ongoing,” he reiterated.

    Brigadier Ayorrogo, added that the law does not prohibit re-examination of goods that have already been checked at the port. Such inspections serve as a necessary oversight by the Customs Division.

    “If they inspect and find nothing amiss, the law permits us to conduct an examination. GUTA and Customs are effectively checking each other.

    The business community should expect complaints when we stop shipments, regardless of whether they contain legitimate or illegitimate goods. However, the bottom line is that if we identify a problem, businesses must be patient and allow us to do our job,” he asserted.

  • VAT policy must be reviewed to be flexible – GRA

    VAT policy must be reviewed to be flexible – GRA

    The Ghana Revenue Authority (GRA) wants a comprehensive review of the country’s Value Added Tax (VAT) policy to simplify the tax system and enhance compliance.

    Commissioner General of the GRA, Julie Essiam, emphasized the need for reforms during the 12th Annual International Tax Conference organized by the Chartered Institute of Taxation, Ghana.

    Addressing participants, Commissioner General Essiam stated that the current VAT structure is complex and makes it difficult for both individuals and businesses to comply with tax regulations.

    She highlighted the importance of implementing tax policies that are straightforward and understandable to all stakeholders.

    “These policies must be simple and easy to understand by everyone and all of us. As we look into the future as a revenue authority, we believe that the future tax policies should focus on the simplification of tax handles,” Essiam remarked.

    She suggested that efforts should be made towards establishing a simplified VAT rate, eliminating the complexities of the current system, which some perceive as causing a cascading effect on the tax burden.

    Essiam further noted that simplifying the VAT system could significantly boost compliance, particularly among private sector businesses.

    “Tax policies must therefore be flexible enough to grow and optimize tax revenues in tandem with private sector development,” she explained.

    Ghana faces mounting pressure to improve its domestic revenue collection as the country struggles with economic challenges and limited access to international capital markets. The GRA has been tasked with increasing tax revenue to support the nation’s development.

    In July 2024, the GRA reported that it had collected GH¢68.05 billion in revenue during the first six months of the year, exceeding its mid-year target by GH¢138.69 million. This represented a 0.2 percent excess in collections, demonstrating the authority’s commitment to raising domestic revenue.

    Calls for reform have not only come from the GRA but also from the business community. Organizations such as the Ghana Union of Traders Association (GUTA) and the Association of Ghana Industries (AGI) have consistently advocated for a review of the current VAT system.

    They describe the existing structure as a disincentive for the private sector, attributing rising market prices, in part, to the VAT regime.

    GUTA has pointed to the cascading effect of VAT on pricing, arguing that the current system puts undue pressure on businesses and consumers alike, contributing to inflation and market instability.

    During the conference, the President of the Chartered Institute of Taxation (CIT), George Ohene Kwatia, added his voice to the discussion, advocating for the creation of a national tax policy to harmonize activities in the sector.

    Mr Kwatia stressed that a unified tax policy could serve as a long-term framework that would guide future governments and reduce the frequent changes in tax regimes driven by shifts in political power.

    “If you have a true national policy, it will drive the tax agenda. This will serve as a guideline for every government that comes to power. This will avoid frequent changes in our tax regimes based on the government in power,” Kwatia said.

    The 12th Annual International Tax Conference, organized by the Chartered Institute of Taxation, provided a unique platform for policymakers, academia, and tax professionals to discuss improvements to Ghana’s tax system.

    The conference encouraged dialogue on balancing tax policy with private sector growth, with the ultimate goal of fostering an enabling environment for businesses to thrive.

    The three-day conference, which concludes on August 23, 2024, is themed “Balance Tax Policy and Private Sector Development.”

    It has featured presentations and discussions aimed at creating tax reforms that promote economic development while enhancing revenue collection.

    The growing consensus is that simplifying the VAT policy will benefit both the government and businesses by improving compliance, boosting revenue, and reducing the financial burden on the private sector.

  • Korle Bu Renal patients to protest over held supplies at Tema Port

    Korle Bu Renal patients to protest over held supplies at Tema Port

    Renal patients at Korle Bu Teaching Hospital plan to stage a protest at the Renal Unit on Wednesday, August 21, 2024, over delays in clearing essential medical supplies stuck at the port.

    The shortage of these critical consumables has forced the unit to close for three weeks, leaving patients without necessary care.

    Korle Bu’s Public Relations Officer, Mustapha Salifu, acknowledged the closure due to the shortage but assured that efforts are underway to clear the supplies and resume outpatient dialysis services.

    However, Kojo Baffour Ahenkora, spokesperson for the Renal Patients Association, expressed frustration, accusing the government of not acting swiftly to address the issue, which he claims endangers patients’ lives.

    Speaking to Channel One News, Ahenkora emphasized the financial strain on patients who are forced to pay GH¢800 per session for private dialysis, a cost many cannot sustain.

    The patients are calling for immediate action from the government, particularly from the Minister of Finance and the GRA boss, to expedite the release of the supplies from Tema Harbour.

    They have vowed to continue their protest at the hospital until their demands are met.

    “It’s very expensive, very expensive. This morning, 800 Ghana cedis for a session. Most of us are supposed to do it twice or three times a week.

    Where are we going to get the money from? It’s only the government sector or Korle Bu that makes 400 cedis which is not even cheap, almost close to 500 in a session.”

    “Please, Dr. Okoe Boye. Minister of Finance and then GRA boss, we beg them. The consumables are in the country, which is why they were able to release the 20-footer container which also contains part of the consumables that we need.

    “But the main one that we need at the cabin where we are standing right now is the one at the port, so we beg them. Whatever the case, we beg them. If not, then by Wednesday, we are picketing here.

    “All the Renal Dialysis patients are coming to sleep here until we receive the consumables from Tema Port because we cannot keep on going through this thing.”

  • Pamper taxpayers, they play pivotal role in gov’t business – Dep Trade Minister to GRA

    Pamper taxpayers, they play pivotal role in gov’t business – Dep Trade Minister to GRA

    Deputy Minister for Trade and Industry, has called on the Ghana Revenue Authority (GRA) to handle taxpayers with care to enhance state revenue.

    He emphasized that the government’s revenue department should recognize taxpayers as key contributors to government operations and, therefore, should provide them with the necessary attention.

    Michael Okyere Baafi firmly stated that by following this strategic approach, more revenue can be generated to support national development.

    The Deputy Minister shared these remarks at the National Sales Leaders Conference in Accra on Wednesday, August 14.

    “One of the board meetings that I attended at the Ghana Revenue Authority, I was sharing a view with the board members that it is high time the GRA as an institution moved away from enforcement to being part and parcel of the system.”

    “So that they can see the taxpayer as somebody who is important to government business, they have to pamper them and get their attention to get more. By doing so, we are sure we will be able to generate or get a lot of revenue for the state,” he added.

    His remarks follow allegations of discrimination against members of the Ghana Union of Traders Association (GUTA) by certain officials within the Customs Division of the Ghana Revenue Authority.

    The trading community has also expressed concerns about the intimidation they experience from the GRA during tax collection.

  • Lotto writers’ commission to surge by 25% at the end of August

    Lotto writers’ commission to surge by 25% at the end of August

    National Lottery Authority (NLA) has announced that the commission for lotto writers will be increased to 25 percent, up from the previous 20 percent, effective at the end of August 2024, as stated by the Board Chairman, Gary Nimako Marfo.

    In addition to this commission hike, the NLA has relaunched its Caritas Lottery platform.

    This platform is designed to boost public trust in lottery promotions and combat fraud by enabling organizations and individuals to conduct legitimate lottery promotions to enhance their business operations.

    This adjustment, approved by the NLA Board, follows a petition from lotto writers who requested a higher commission due to economic hardships.

    Mr. Nimako clarified that the new commission rate will be exclusively available to licensed lotto companies and issued a warning to unlicensed operators, stating that the NLA will intensify its efforts to crack down on them, especially as the 2024 election approaches.

    Mr. Nimako clarified that “the new 25% commission applies only to lotto companies licensed by the NLA. The NLA would intensify its crackdown on illegal lotto operators, particularly as the 2024 election year approaches.”

    Mr. Nimako went ahead to warn illegal operators who seek protection from high-ranking party and government officials that the current Board and management would not yield to such interventions.

    The NLA has faced financial challenges in recent years, recording a loss of GH¢788,818 in 2020 and a more significant loss of GH¢17.1m (GH¢17,148,582) in 2021.

    However, under the current Director General, Samuel Awuku, the authority has made a turnaround, posting profits of GH¢2.5m and GH¢2.6m.

    This recovery followed a substantial increase in miscellaneous income, which rose from GH¢35.54 million in 2020 to GH¢133.45 million in 2023.

    The NLA also generates income from Nigeria and Ivory Coast, where its draw results are used for local lotteries, demonstrating its regional influence.

    Mr. Awuku revealed that “a task force including security personnel and the Ghana Revenue Authority (GRA) officials will be conducting operations against illegal lotto operators.

    According to him, despite the estimated GH¢1.8 billion yearly value of Ghana’s lotto industry, the NLA captures only about GH¢800 million, while illegal operators take in over GH¢1 billion annually.

    “We believe this is an opportunity for NLA to promote the benefits of lottery and diffuse misconceptions and stigma, “he mentioned.

    The NLA’s recent measures reflect its dedication to cleaning up the lottery industry and restoring public trust.

    Mr. Awuku highlighted that out of approximately 700 illegal lotto companies, primarily in rural areas, only about 20 are officially registered with the NLA.

    He also pointed out that many of these illegal operators are significant financial backers of Ghana’s two major political parties.

    He emphasized the need to prevent political interference in the NLA’s revenue generation activities and ensure that regulations are enforced consistently across all operators.

    He also mentioned that past political divisions within the NLA had led to staff dissatisfaction and decreased productivity.

  • Uncustomed vehicle users obtain a 2-month grace period to fix their documentation

    Uncustomed vehicle users obtain a 2-month grace period to fix their documentation

    The Customs Division of the Ghana Revenue Authority (GRA) has granted a 2-month grace period, from August 1 to September 30, 2024, for users of uncustomed vehicles to regularize their documentation.

    This amnesty allows vehicle owners to update their papers without incurring the penalties typically imposed if such vehicles were seized by customs officials.

    Vehicle owners are strongly encouraged to take advantage of this opportunity to avoid potential sanctions.

    After the grace period ends on October 1, 2024, the Customs Division will launch a nationwide, unannounced inspection of vehicles on the roads, with any uncustomed vehicles found during these checks set to be impounded immediately.

    The GRA urges all vehicle users to ensure their documentation is properly in order before the deadline to avoid the consequences of non-compliance.

  • GRA Custom Division to impound uncustomed vehicles from October 1

    GRA Custom Division to impound uncustomed vehicles from October 1

    The Customs Division of the Ghana Revenue Authority (GRA) has announced that it will begin impounding uncustomed vehicles across the country starting October 1, 2024.

    This follows a 2-month amnesty period, running from August 1 to September 30, 2024, granted to all users of vehicles that have not undergone the proper customs procedures.

    During this amnesty period, vehicle owners are urged to regularize the documentation of their illegally imported vehicles without facing the penalties that would typically apply if such vehicles were seized by customs officials.

    The GRA has strongly encouraged all users of uncustomed vehicles to take advantage of this opportunity to avoid future sanctions.

    Following the expiration of the amnesty on October 1, 2024, the Customs Division will carry out a nationwide, unannounced inspection of vehicles on the roads. Any vehicles found to be uncustomed will be impounded on the spot.

    Vehicle owners are advised to ensure their documentation is in order before the deadline to avoid the inconvenience and penalties associated with the impoundment of their vehicles.

  • GRA staff must declare their assets – ISSER on curbing corruption at the ports

    GRA staff must declare their assets – ISSER on curbing corruption at the ports

    The Institute of Statistical, Social and Economic Research (ISSER) has called for Ghana Revenue Authority (GRA) staff to declare their assets as part of stringent measures to curb corruption and enhance efficiency at Ghana’s ports.

    In its 2024 Mid-Year Budget Review, titled “A Critical Assessment of the 2024 Mid-Year Budget by ISSER,” the institute highlights the necessity for structural reforms to tackle revenue leakages and improve tax collection.

    ISSER emphasizes the significance of transparency and accountability among GRA staff. To ensure GRA personnel do not engage in or form firms involved in clearing services until five years post-retirement, the review recommends the completion of asset declaration forms by all staff members.

    This measure aims to prevent conflicts of interest and maintain the focus of GRA staff on their official duties.

    “Additionally, GRA staff should complete asset declaration forms and not engage with or establish firms involved in clearing services until five years after retirement. The ports are major sources of revenue, and sealing leakages can significantly shore up the Tax GDP ratio,” the review continues.

    Recognizing the ports as vital revenue sources for Ghana, ISSER argues that addressing inefficiencies and corrupt practices at these entry points can significantly boost the country’s Tax GDP ratio.

    A key recommendation is the harmonization of government agencies operating at the ports to reduce human interaction and, consequently, revenue losses.

    One of the main strategies proposed is the biennial rotation of personnel stationed at the ports to prevent the establishment of corrupt practices.

    The review states, “Harmonize the number of government agencies operating at the ports to reduce the human interface and revenue losses, thus reducing rent-seeking activities by personnel collecting revenues at the port. This can also be achieved by rotating personnel stationed at the ports every two years.”

    By implementing these recommendations, ISSER believes Ghana can enhance its fiscal health and develop a more transparent and efficient port operation system.

    These proposals are part of broader fiscal measures aimed at improving revenue generation and expenditure control to stabilize Ghana’s economy and promote sustainable growth.

  • Special Prosecutor launches probe into Joy News’ Porous Borders exposé

    Special Prosecutor launches probe into Joy News’ Porous Borders exposé

    Office of the Special Prosecutor (OSP) has initiated an investigation into suspected corruption and related offences exposed in JoyNews’ recent documentary, “Porous Borders”.

    The OSP has requested the unedited footage of the documentary to facilitate a thorough investigation into alleged bribery and corruption involving some staff of the Customs Division of the Ghana Revenue Authority (GRA).

    The OSP becomes the third public institution to respond to the documentary, following reactions from Parliament and the GRA.

    Porous Borders showcased real-time footage of corrupt activities by some customs officials at Ghana’s eastern border.

    In the wake of the documentary’s release, the Customs Division of the GRA announced on July 31 that it had assembled a team to investigate the corruption claims. Parliament also reacted, with Yusif Suleiman, Ranking Member on the Trade and Industry Committee and MP for Bole-Bamboi, describing the country as “sick” after viewing the exposé.

    On August 2, 2024, the Special Prosecutor confirmed the commencement of an investigation into the allegations in the documentary.

    The office has formally requested the documentary’s unedited recordings to support its inquiry.

    Additionally, the documentary producers have been invited to assist with the investigation as witnesses.

  • GRA, Finance Ministry dragged to court over tax waivers for 42 companies

    GRA, Finance Ministry dragged to court over tax waivers for 42 companies

    Ghana Revenue Authority (GRA) and the Finance Ministry are facing legal action over their plan to grant tax waivers to 42 companies as part of the 1 District 1 Factory Initiative.

    This lawsuit has been filed by three Minority Members of Parliament, led by their Deputy Leader, Emmanuel Armah-Kofi Buah.

    The MPs are appealing to the Supreme Court to halt the tax waivers, contending that they do not serve the country’s best interests.

    The three MPs involved, Bernard Ahiafor (MP for Akatsi South), Kwame Agbodza (MP for Adaklu), and Emmanuel Armah-Kofi Buah (MP for Ellembelle), argue that the GRA’s decision to provide these tax exemptions is detrimental to Ghana.

    They claim that the tax waivers violate Article 174 of the 1992 Constitution and are therefore unconstitutional. The MPs seek a Supreme Court ruling to declare the waivers null, void, and without effect.

    Bernard Ahiafor, one of the plaintiffs, is calling on the Supreme Court to step in for the benefit of the nation.

    “It appears Article 174 of the Constitution is being violated, the Supreme Court is giving an exclusive jurisdiction to interpret, therefore, any citizen who is aggrieved that a particular portion of the Constitution is being contravened, the remedy available is to seek for interpretation and declaration at the Supreme Court which is the apex court.

    “That is exactly what we have done in the circumstance, we’re seeking relief against the ones that are being implemented and the ones that are yet to be implemented,” he said.

    About the tax waiver

    On May 20, the government released a list of companies requesting tax waivers under the 1D1F initiative.

    In 2021, the Ministry of Finance initiated processes to secure approximately $335,072,712.13 in tax exemptions for 42 companies participating in the government’s One District One Factory initiative.

    The Exemptions Act, 2022 (Act 1083), was presented in Parliament by the former Minister for Finance, Ken Ofori-Atta, in 2022.

    Among the companies, Sentuo Oil Refinery Limited, a newly established entity, has the highest requested exemption amounting to $164,633,012.00.

  • ECG, GACL among tax defaulting state institutions owing GRA over GHC1bn

    ECG, GACL among tax defaulting state institutions owing GRA over GHC1bn

    The Ghana Revenue Authority (GRA) has revealed that ten state institutions, including the Ghana Airports Company Limited (GACL) and the Electricity Company of Ghana (ECG), owe more than GH₵1 billion in taxes.

    This information emerged during a session with the public accounts committee on Monday, July 29, where GRA officials highlighted the financial obligations of these entities.

    Despite some institutions showing signs of potential payment, concerns were raised about financially struggling entities like the Tema Oil Refinery (TOR).

    A GRA representative noted, “GACL and Graphic Corporation currently are having cash flow challenges. They’ve indicated to us that we need to give them a moratorium to be able to come back to us. So, for them, they are prepared to pay. Once their cash flow improves.”

    Abena Osei Asare, the Minister of State at the Finance Ministry, addressed the issue of companies unlikely to settle their tax debts, stating, “Mr Chairman we have done this before. We brought it to parliament; we went through a process [and] brought some to parliament for parliament to write it off. If it becomes necessary after all avenues to collect these monies have failed, we will go through that process and then come to parliament for permission to do that.”

  • 10 state institutions including ECG owe GRA over GHS1bn unpaid taxes

    10 state institutions including ECG owe GRA over GHS1bn unpaid taxes

    Reports have indicated that ten state institutions, such as the Electricity Company of Ghana (ECG) and the Ghana Airports Company Limited (GACL), owe the Ghana Revenue Authority (GRA) over GH¢1 billion in unpaid taxes.

    Government revenue officials stated that some of these viable institutions have pledged to settle their tax debts.

    This information emerged when GRA officials testified before the Public Accounts Committee on Monday, July 29, 2024.

    “GACL and Graphic Corporation currently have cash flow challenges. They have informed us that we need to grant them a moratorium to allow them to repay us. Therefore, they are willing to settle their dues once their cash flow situation improves,” the GRA official is quoted as saying by citinewsroom.com.

    During the meeting, Minister of State at the Finance Ministry, Abena Osei-Asare, stated, “Mr. Chairman, we have done this before. We presented it to parliament, went through a process, and some were written off by parliament. If it becomes necessary after exhausting all efforts to collect these funds, we will follow that process and seek permission from parliament.”

    The Public Accounts Committee voiced concerns about non-operational state entities such as the Tema Oil Refinery (TOR) and urged measures to restore their viability and prevent additional financial losses.

  • GRA surpasses goal of onboarding over 600 large companies to E-VAT platform

    GRA surpasses goal of onboarding over 600 large companies to E-VAT platform

    The Ghana Revenue Authority (GRA) has surpassed its goal of enrolling 600 large companies onto its Electronic (E)-VAT platform, successfully signing up 40 additional firms.

    In May 2024, the GRA committed to integrating over 600 large companies into its E-VAT system by June to improve revenue collection and oversight.

    During a brief meeting with the Presiding Bishop of the Methodist Church Ghana, Rev. Dr. Paul Boafo, GRA Board Chair Joe Ghartey revealed that the Authority plans to add even more companies to its E-VAT platform.

    “For example, there is a policy of digitizing the collection units. Studies have shown that if tax collection is digitized, it’s easier to monitor and it will increase revenue.”

    “In the beginning, it was difficult to let people understand. So the GRA set a target of 600 large companies to be on-boarded. This simply means that the company should be put on a system which is digitized. By the time the GRA was declaring their final result, they have reached 640, passing the target by 40.”

    Mr. Ghartey expressed hope that the GRA can increase its target for the next two months.

    “Management has set another target for the next two months but the board has set a higher target. And I know they will succeed by God’s grace”.

    The Commissioner-General of the GRA, Julie Essiam stressed the need to develop partnerships with various faith based organisations to educate the public about tax compliance.

    “As we move forward, our vision is to leverage this pioneering partnership as an operating model across all faith based organisations”, she said.

    The Presiding Bishop of the Methodist Church of Ghana, Rev. Dr. Paul Boafo, called on the public to follow Ghanaian laws and contribute to the country’s socio-economic progress.

    The visit by the GRA to the Presiding Bishop was aimed at strengthening its collaboration with the church.

    The delegation, which included the Commissioner General, the Board Chair of GRA, board members, Deputy Commissioners, and other senior staff, conducted the visit.

    To meet its annual revenue target of ¢149 billion by the end of 2024, the GRA plans to collaborate with various faith-based organizations to raise awareness about tax compliance and encourage societal adherence to tax obligations.

  • CBOD endorses new standard for oil and gas measurements set by Energy Ministry

    CBOD endorses new standard for oil and gas measurements set by Energy Ministry

    The Chamber of Bulk Oil Distributors (CBOD) has acknowledged the receipt of a letter from the Ministry of Energy, which was addressed to the Ghana Revenue Authority (GRA), regarding a new standard for measurements in the oil and gas sector.

    This standard was collaboratively developed by the Ghana Standards Authority (GSA) alongside the Ministry of Trade and Industry and other key stakeholders.

    The Ministry of Energy has mandated all entities involved in revenue assurance measurements within the oil and gas sector to adhere to the new standard, a move welcomed by the CBOD.

    The Chamber believes that a unified measurement system certified by the GSA will ensure the accuracy and reliability of data, which is crucial for the sector.

    CBOD highlights the importance of a streamlined and well-regulated oil and gas industry. The Chamber advocates for a system where the private sector is actively involved in managing specific aspects, while the government maintains an overarching regulatory framework and enforces standards.

    The Chamber proposes a standardized approach whereby meters mandated by the GSA could be installed by entities such as the Depot, the National Petroleum Authority (NPA), or the Ghana Revenue Authority.

    The GSA would then be responsible for the regular calibration of these meters. This approach aligns with international best practices, where standard authorities manage meter calibration to avoid duplication and reduce costs for consumers.

    The GSA’s role in ensuring and maintaining standards is seen as beneficial for the state. CBOD asserts that all regulations within the sector should ultimately serve the national interest and be subject to state and regulatory oversight.

    While recognizing the GRA’s efforts to ensure revenue assurance for the government, the Chamber emphasizes that any institution, whether private or public, mandated to undertake this responsibility on behalf of the government, should comply with the standards set by both the GSA and the Ministry of Trade and Industry.

    This compliance is essential for ensuring a transparent and efficient measurement system within the oil and gas sector.

    CBOD expresses support for the Ministry of Energy’s initiatives to lead further dialogue with relevant stakeholders. The Chamber believes that ongoing discussions will help ensure a transparent and efficient measurement system within the oil and gas sector, ultimately benefiting the entire nation.

  • GRA fines Bryan Acheampong’s Rock City Hotel for lying about tax return

    GRA fines Bryan Acheampong’s Rock City Hotel for lying about tax return

    Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has presented evidence that Rock City Hotel, owned by the Minister for Food and Agriculture, Bryan Acheampong, misrepresented its tax returns, leading to a fine from the Ghana Revenue Authority (GRA).

    This revelation follows Ablakwa’s opposition to the Social Security and National Insurance Trust’s (SSNIT) decision to sell 60 percent of its shares in four hotels to Rock City Hotel.

    In a recent interview on Accra-based Metro TV, Ablakwa disclosed documents indicating that Rock City Hotel reported to the GRA on March 12, 2021, expecting to incur losses for that year. However, Ablakwa alleged that the hotel failed to file tax returns for the entire year of 2022, further questioning the hotel’s financial transparency.

    Minister Bryan Acheampong had previously refuted Ablakwa’s claims, challenging him to provide evidence. In response, Ablakwa revealed that Rock City Hotel only rectified their tax obligations after his exposé brought their financial discrepancies to public attention.

    The hotel rushed to the GRA on May 23, 2024, and declared profits for 2022, a significant shift from their initial loss declaration.

    “On March 12, 2021, they posted returns stating they would incur losses for the year. Two years later, on March 9, 2023, they reported a debit adjustment for two withholding taxes amounting to GH¢20,782. For the entire year of 2022, there were no filings at all,” Ablakwa disclosed.

    This abrupt change in financial reporting raised significant concerns about Rock City Hotel’s business practices. The GRA fined the hotel GH¢4,390 for their late filings, following their sudden declaration of profits instead of losses. This fine further substantiates Ablakwa’s claims that the hotel’s financial practices were questionable and inconsistent.

    Mr Ablakwa also questioned how Rock City Hotel managed to obtain a tax clearance certificate to participate in the SSNIT bid when they hadn’t filed taxes for two years. He emphasized that the company’s actions were a direct reaction to his exposé, highlighting a pattern of irregular financial reporting.

    “So, it means that when they put in the bid, they clearly didn’t have a tax clearance certificate. After my exposé, they went to the GRA on May 23, 2024, and declared profits, resulting in a tax liability of GH¢395,000. They were also fined GH¢4,390 for their late filings,” Ablakwa elaborated.

    He further criticized the purchase decision, arguing that Labadi Beach Hotel, one of the hotels involved in the SSNIT transaction, was notably more profitable.

    “Labadi Beach Hotel reported profits of one hundred and fifty-eight million, yet Rock City Hotel, which claimed it would make no profits, is now poised to buy it. This is inconsistent and troubling,” he stated.

    @nurudeen.m..yakub Evidence based Oversight Responsibility. Hon SOA has putting out the facts and figures from GRA that indeed Rock City declared a loss in 2023. #handsoffourhotelsdemo #yppppppppppppppppppppppp #trending #24hourseconomy @Sammy Gyamfi @Samuel Ablakwa Okudzeto @Beatrice Annan @Hajia Safia Iddrisu @King Poborsky TV @AnnanPerryArhin ♬ original sound – Nurudeen M. Yakubu Yalley
  • Rock City went back to GRA to declare profit after my exposè – Okudzeto

    Rock City went back to GRA to declare profit after my exposè – Okudzeto

    Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu, has presented compelling evidence challenging the financial integrity of Rock City Hotel.

    The MP’s exposé suggests that Rock City Hotel, owned by Bryan Acheampong, Minister for Food and Agriculture, initially reported operating losses but later amended their financial records to declare a profit after Ablakwa’s revelations.

    Mr Ablakwa’s disclosure comes amid his strong opposition to the Social Security and National Insurance Trust’s (SSNIT) decision to sell 60 percent of its shares in four hotels, including the more profitable Labadi Beach Hotel, to Rock City Hotel.

    Mr Ablakwa substantiated his claims with documents indicating Rock City Hotel’s financial struggles, directly contradicting Acheampong’s assertions that his hotel was not operating at a loss.

    “On March 12, 2021, Rock City Hotel posted returns stating they would incur losses for the year,” Ablakwa revealed during an interview on Accra-based Metro TV.

    He further alleged that the hotel failed to file tax returns with the Ghana Revenue Authority (GRA) for the entire year of 2022.

    According to Mr Ablakwa, it was only after his exposé brought these financial discrepancies to light that Rock City Hotel rushed to rectify their tax obligations.

    Mr Ablakwa detailed how, on March 9, 2023, Rock City Hotel reported a debit adjustment for two withholding taxes amounting to GH¢20,782. However, no tax filings were made for the entire year of 2022. He questioned how the hotel managed to obtain a tax clearance certificate to participate in the SSNIT bid without filing taxes for two years.

    In response to Ablakwa’s exposé, Rock City Hotel went to the GRA on May 23, 2024, and declared profits for 2022, a significant departure from their initial loss declaration.

    “After my exposé, they went to the GRA and declared profits instead of losses, resulting in a tax liability of GH¢395,000. They were also fined GH¢4,390 for their late filings,” Ablakwa elaborated.

    Mr Ablakwa emphasized that Rock City Hotel’s actions were reactionary to his exposé, highlighting the company’s sudden shift in financial reporting.

    He noted that the hotel only filed its taxes on April 20, 2024, after the first quarter, indicating anticipated losses for that year. This raised significant concerns about their business practices.

    The MP further criticized the SSNIT purchase decision, arguing that Labadi Beach Hotel, one of the hotels involved in the transaction, was notably more profitable. “Labadi Beach Hotel reported profits of one hundred and fifty-eight million, yet Rock City Hotel, which claimed it would make no profits, is now poised to buy it. This is inconsistent and troubling,” he stated.

    @nurudeen.m..yakub Evidence based Oversight Responsibility. Hon SOA has putting out the facts and figures from GRA that indeed Rock City declared a loss in 2023. #handsoffourhotelsdemo #yppppppppppppppppppppppp #trending #24hourseconomy @Sammy Gyamfi @Samuel Ablakwa Okudzeto @Beatrice Annan @Hajia Safia Iddrisu @King Poborsky TV @AnnanPerryArhin ♬ original sound – Nurudeen M. Yakubu Yalley
  • GUTA challenges GRA’s statement on customs duties calculation

    GUTA challenges GRA’s statement on customs duties calculation

    The Ghana Union of Traders (GUTA) has challenged a statement from the Ghana Revenue Authority (GRA) that customs duties are not calculated in foreign currency.

    Contrary to the GRA’s assertion, GUTA claims the opposite is true.

    In May of this year, the GRA addressed media reports about customs duties and import taxes on vehicles, stating clearly that these duties are not calculated in foreign currencies.

    The GRA explained that duties and taxes on imported vehicles are based on the vehicles’ value in their country of origin, which includes Cost, Insurance, and Freight (CIF) charges, quoted in international convertible currencies like dollars, euros, and pounds sterling.

    The GRA further noted that these charges are converted into Ghana cedis using the prevailing Bank of Ghana exchange rate before calculating duties and taxes in accordance with the Customs Act 2015 (Act 891).

    In response, GUTA Welfare Officer Benjamin Yeboah maintained that the Ghana Revenue Authority does indeed calculate import duties in dollars and then provides the cedi equivalent for payment.

    “They cannot quote in the cedi. You will pay in cedis, but they use the dollar index to calculate. It has always been like that,” he said.

    Additionally, he mentioned that GUTA is currently consulting with the government to determine the best approach to manage the depreciation of the Ghana cedi.

    Mr. Yeboah noted that the weakening cedi is impacting their operations, and GUTA is urging the government to take immediate action to address the issue.

    “We’re still dealing with the cedi depreciation. We are hopeful that the authorities will take immediate action to address the issue. The government has informed us that the Cocoa Syndicated Loan, the third tranche of the IMF Loan, is on its way, and we hope that it will help address the challenges and rebuild our economy,” he explained.

    He also pointed out that the cost of goods is likely to rise, particularly when duties are calculated in dollars and subsequently paid in their cedi equivalent.

  • Energy Minister, CBOD halt downstream monitoring deal handed to SML by GRA

    Energy Minister, CBOD halt downstream monitoring deal handed to SML by GRA

    The Energy Minister, Matthew Opoku Prempeh, and the Chief Executive of the Chamber of Bulk Oil Distributors have raised concerns about the resumption of work by Strategic Mobilisation Limited (SML) in monitoring operations in Ghana’s Downstream Petroleum sector.

    The two officials highlighted issues with SML’s technology, stating that it was inferior to the revenue monitoring systems developed by the Ministry of Energy, Ministry of Trade and Industry, and other stakeholders based on the Singaporean Standard.

    In a letter to the Commissioner-General of the Ghana Revenue Authority (GRA), the Energy Minister emphasized the importance of adhering to the new standards developed for measurements in the oil and gas sector, which utilize the Coriolis mass flow metering system.

    Meanwhile, the GRA had directed SML to restart its monitoring activities in the downstream petroleum sector effective June 14, 2024, following a comprehensive audit by KPMG. The audit concluded that SML contracts had breached several laws, including the Public Financial Management Act, and should go through Parliament for approval.

    The Ministry of Energy also announced the development of new measurement standards for the oil and gas sector in collaboration with the Ghana Standards Authority (GSA) and other stakeholders, based on the Singaporean Standard and utilizing the Coriolis mass flow metering system.

    These developments follow President Akufo-Addo’s commissioning of KPMG to audit the contract between the GRA and SML, which revealed significant financial details, including payments received by SML totaling GH¢1,061,054,778.00 from 2018 to the present.

    In light of these revelations, the CBOD CEO, Dr. Patrick Ofori, emphasized the existing mechanisms in place to ensure effective monitoring and mobilization of government revenue from the downstream petroleum sector, including systems by the National Petroleum Authority (NPA), the GRA, and tracking systems for fuel transportation.

    The GRA’s directive for SML’s operational resumption and the introduction of new measurement standards aim to enhance revenue collection in Ghana’s downstream petroleum sector and ensure accurate and reliable monitoring services.

    However, Dr. Ofori noted that there are more than four mechanisms in place to safeguard government revenue, suggesting a need for further scrutiny to ensure the effectiveness of these systems in protecting government revenue.

    The government’s efforts to enhance revenue assurance in the downstream petroleum sector underscore the importance of implementing robust monitoring systems to safeguard public funds and ensure transparency in the industry.

  • GRA to intensify enforcement of bonds and security issuance for excise duty compliance

    GRA to intensify enforcement of bonds and security issuance for excise duty compliance

    The Ghana Revenue Authority (GRA) is set to rigorously enforce the Excise Duty law, mandating manufacturers of excisable goods to issue bonds or securities.

    This development was revealed by Kwabena Apau Awua Anto, Head of the Excise Unit at the GRA, during a recent webinar organized by the UK-Ghana Chamber of Commerce (UKGCC) and PwC Ghana.

    Under the Excise Duty Act 2024 (Act 878) and its subsequent amendments, manufacturers producing excisable goods must register under the law, register their warehouses, and provide a bond or security. While the first two requirements have been strictly adhered to, the third requirement has seen lax enforcement. However, Mr. Anto indicated that this is about to change.

    “All manufacturers producing excisable goods are required to register under the Excise Duty law. This is the first point of compliance. The warehouse where you are keeping those excisable goods must also be registered, and you should also provide a bond or security. The first two are rigorously being followed. It is the third part, which is the issuance of a bond or security, that has been relaxed, but discussions are ongoing to begin rigorously enforcing that too,” he mentioned.

    Mr. Anto emphasized the critical role of bonds in providing essential information about the quantity of excisable goods produced, the excise duty to be collected, and the payment deadlines. Bonds also serve as a safeguard for the GRA to recover taxes if a manufacturer fails to pay.

    “A bond must therefore be issued to provide grounds for the Commissioner General of the GRA to retrieve taxes should the manufacturer fail to pay according to the law. Manufacturers who fail to enter into bond or lodge security will pay twice the amount of duty in penalties,” he added.

    Manufacturers planning to increase their production must ensure their bonds reflect these changes to facilitate accurate revenue collection.

    Understanding Excise

    Excise is an indirect tax imposed on selected products, either locally manufactured or imported. Unlike the general consumption tax such as Value Added Tax (VAT), excise duties are levied at various stages of the manufacturing process, including the point of sale, distribution, importation, or manufacture.

    Excise duties serve multiple purposes, including discouraging behaviors that lead to non-communicable diseases such as hypertension and diabetes. For instance, the recent amendments introduced excise duties on sweetened beverages and fruit juices to reduce their consumption due to associated health risks.

    Excise duties also aim to redistribute wealth by taxing products largely consumed by affluent individuals, thereby benefiting society.

    Excisable Products

    Excisable goods as defined by the Excise Duty Act 2014 include alcoholic drinks, with spirits and wines attracting duty rates of 50% and 45% of their ex-factory prices, respectively. Tobacco products now have a hybrid excise duty rate, combining a per-stick charge with an ad valorem rate.

    Beers and malt drinks are subject to a sliding scale policy, granting concessionary duty rates based on the quantity of local raw materials used. Fruit juices are subject to a standard excise duty rate of 20%, whether locally manufactured or imported. Pharmaceuticals and textiles (domestic/African prints) are zero-rated, while plastic products and petroleum products are also excisable.

    Compliance and Penalties

    Compliance with the Excise Duty Act begins with registration. Manufacturers who fail to register or manufacture outside a registered warehouse face significant penalties, including paying twice the duty amount. Other offenses, such as failing to submit returns or pay taxes on time, attract additional fines and interest.

    “Excises are not that popular. However, we have introduced measures to make sure that there is compliance, and to protect people’s brands so all of us should take an interest in making sure we comply,” Mr. Anto stated.

    Challenges and Solutions

    Maxwell Ntiri, Senior Manager at PwC Ghana, noted challenges in Ghana’s excise tax regime, including insufficient tax education, inconsistent enforcement, and varying interpretations by tax officials. Solutions proposed include intensified tax education, consistent application of tax laws, and robust compliance enforcement.

    Mr. Anto acknowledged the cumbersome registration process but assured that GRA officers are available to assist clients.

    Future of Tax in Ghana

    Daniel Nuer, Head of the Tax Policy Unit at the Ministry of Finance, indicated that Ghanaians could expect more excise tax regimes as the government seeks to reduce other taxes and provide incentives for various sectors. He urged industries to communicate their concerns to tax authorities for consideration in policy-making.

    “Imitation tax stamps and smuggling works against our jobs and our livelihoods so when you notice things like this, give us a call and we will follow up,” he said.

    Mr. Anto also encouraged Ghanaians to use the GRA Tax Stamp Authenticator app to verify the authenticity of tax stamps and enhance compliance.

    The webinar also covered related topics such as tax credits, refunds, zero-rated excisable goods, the emissions levy, and differences between VAT and Excise Duty exemptions.

  • SML resumes monitoring operations in downstream petroleum sector – GRA

    SML resumes monitoring operations in downstream petroleum sector – GRA

    The Ghana Revenue Authority (GRA) has announced that Strategic Mobilisation Limited (SML) will resume its monitoring operations of the Downstream Petroleum sector starting June 14, 2024.

    This directive follows President Akufo-Addo’s instructions based on a KPMG report, as stated in a GRA communication dated June 12, 2024, to Bulk Oil Distributors.

    In the statement, GRA emphasized the necessity of this directive, noting, “Strategic Mobilisation Limited (SML) has been directed to resume its monitoring operations of the Downstream Petroleum sector with effect from June 14, 2024, in accordance with the Presidential Directives on the KPMG report.”

    The GRA further elaborated that SML is tasked with ensuring all systems are operational and comply with relevant standards to provide accurate and reliable monitoring services, thereby supporting revenue assurance.

    Bulk Oil Distributors have been urged to cooperate with SML to facilitate a smooth resumption of the monitoring activities.

    Simultaneously, the Ministry of Energy, in a statement dated June 20, 2024, revealed that new standards for measurements in the oil and gas sector have been developed in collaboration with the Ghana Standards Authority (GSA), the Ministry of Trade, and other stakeholders.

    These standards are based on the Singaporean Standard and employ the Coriolis mass flow metering system.

    The Energy Ministry stated, “The Ghana Standards Authority (GSA), in collaboration with the Ministry of Energy, Ministry of Trade and Industries, and other relevant stakeholders, has developed new standards for measurements in the oil and gas sector based on the Singaporean Standard. The Minister for Trade and Industry has declared these standards operational and mandatory.” All entities involved in measurements for revenue assurances in the oil and gas sector must adhere to these new standards.

    The directive for SML to resume operations comes after an audit conducted by KPMG, commissioned by President Akufo-Addo on January 2.

    The audit aimed to review the contract between GRA and SML, highlighting significant financial transactions and payments to SML.

    According to the report, SML received a total of GH¢1,061,054,778.00 from 2018 to date. This includes GH¢454,860,396.27 for transaction audit and external price verification payments and GH¢945,342,007.29 for downstream petroleum measurement payments.

    The KPMG report also revealed that the total investment value in the contracts for transaction audit, external price verification services, and downstream petroleum audit services amounts to US$44,044,180.00. However, KPMG noted that SML did not provide the GRA with supporting documents or relevant information to verify these investments made from 2018 to 2023.

    KPMG recommended that GRA verify the investment of any of the services that were provided by SML.

    Regarding the downstream petroleum audit services, KPMG determined that there was an incremental volume of 1.7 billion litres and an incremental tax revenue of GHS 2.45 billion for the period under review. 

    “There were also qualitative benefits, including a 24/7electronic real-time monitoring of the outflow and partial monitoring of inflows of petroleum products at depots where SML had installed flowmeters,” the report added.

    The downstream petroleum sector refers to the final stage in the petroleum industry, where refined petroleum products are distributed and sold to consumers.

    This sector includes activities such as refining, storage, transportation, and marketing of petroleum products. Examples of downstream activities include operating refineries, distributing fuels to gas stations, and selling petroleum products to end-users like consumers and businesses.

  • The biggest single purveyor of corruption in the public service is GRA – Sam George

    The biggest single purveyor of corruption in the public service is GRA – Sam George

    Member of Parliament for Ningo Prampram, Sam George, has declared the Ghana Revenue Authority (GRA) the “biggest single purveyor of corruption in the public service.”

    According to him, the GRA, which is supposed to act as a watchdog ensuring that no one evades taxes, failed in this duty in the Strategic Mobilisation Ghana Limited (SML) deal, neglecting to retrieve owed taxes.

    His comments follow the release of a full KPMG report by President Akufo-Addo on Wednesday, May 22. The report revealed that Strategic Mobilisation Ghana Limited (SML) owes the Ghana Revenue Authority (GRA) GH¢ 31.88 million in unpaid taxes for eight months of service provision.

    This outstanding amount includes accrued interest, estimated at GH¢ 18.50 million as of January 31, 2024.

    The MP noted that several institutions have appeared before the public accounts committee due to the Auditor General’s findings of untaxed transactions.

    “Infact sometimes we impose penalties on them to pay with interest. The withholding tax is not supposed to be withheld by SML, its by GRA in making the payment. So when GRA was making payment to SML, they ought to know, that they ought to have withheld taxes.”

    “It appears as though the GRA itself is under duress in this deal. Officers of the GRA, because of the overwhelming influence of the patriarchs of SML and the relationship with the GRA, people are under so much duress that they are failing to even carry out the basic things. You have created loot, and you are sharing.

    “So, when the police man is involved in armed robbery, who arrests him?”

  • SML-GRA deal which is to loot and share was approved by Ofori-Atta – Sam George

    SML-GRA deal which is to loot and share was approved by Ofori-Atta – Sam George

    Ningo-Prampram Member of Parliament, Sam George, has added his voice to the criticism surrounding the controversial contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML).

    He described the deal as a classic example of what former Supreme Court Justice, Jones Dotse, famously termed “create, loot, and share.” Mr. George believes the agreement was designed to siphon funds from the state coffers, portraying it as a mechanism for facilitating embezzlement.

    Speaking on JoyNews’ Newsfile programme on Saturday, May 25, the outspoken politician emphasized the importance of not overlooking the involvement of former Finance Minister, Ken Ofori-Atta, in the controversial arrangement.

    Mr. George believes Ofori-Atta played a significant role in the deal and should not be allowed to evade responsibility.

    “The SML or SMEL deal is a clear example of what Justice Dotse described as a create, loot and share. One thing Ghanaians must bear in mind is that all of these happened with the tacit approval of the then Finance Minister, Ken Ofori-Atta.”

    “As usual, he is trying to run under the radar and people are failing to realise, the key cardinal role he played in this entire arrangement,” he stated.

    Mr. George also characterized the GRA as a “crime scene”.

    “The Ghana Revenue Authority in my humble opinion is a crime scene and is the biggest single purveyor of corruption in our public service. I suggest the dissolution and reconstitution of the whole GRA. The GRA is supposed to be the watchdog in ensuring that nobody evades taxes and in this SML deal, the GRA itself failed to retrieve tax,” he added.

    President Akufo-Addo released the KPMG audit report on the contentious contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML) on Wednesday, May 22. This followed weeks of pressure from Ghanaians, including civil society organizations, demanding transparency regarding the numerous infractions in the contract.

    The audit findings revealed that SML owes the GRA GH¢31.88 million in unpaid taxes for eight months of service provision. This debt includes accrued interest, estimated at GH¢18.50 million as of January 31, 2024. It was also discovered that all these contracts lacked approval from both the Public Procurement Authority (PPA) and Parliament.

    Furthermore, the report disclosed that the GRA had six service contracts with SML, contradicting the presidency’s initial claim of only three contracts. This discrepancy sharply contrasts with information previously stated in a press release by the Communications Director of the Presidency, Eugene Arhin, on April 24.

    These revelations have sparked significant public outrage, with many Ghanaians calling for the immediate cancellation of the deal and the prosecution of those responsible.

  • SML meter data on fuel deliveries to BDC depots unreliable – KPMG

    SML meter data on fuel deliveries to BDC depots unreliable – KPMG

    A comprehensive report by the renowned auditing and advisory firm KPMG has revealed concerning findings regarding the data provided by Strategic Mobilisation Ghana Limited (SML) to the Ghana Revenue Authority (GRA).

    The audit firm stated that the volumes of products measured by SML were unreliable and, therefore, could not be reported to the GRA. This unreliability was attributed to the presence of water in the pipes used by SML.

    In the full KPMG report, released by President Akufo-Addo on Wednesday, May 22, it was disclosed that SML, in consultation with the GRA, had implemented the Automatic Tank Gauging (ATG) system to address data reliability issues.

    However, KPMG highlighted on page 129 of its report that, at the time of issuance, ATGs had not been deployed at 19 depots.

    The audit added that the delay in deploying these ATGs presented challenges in ensuring accurate and reliable data reporting by SML.

    “However, due to the presence of water in the pipes, the volume measured with the inlet flow Meter is unreliable and therefore not reported to GRA.”

    “As a result of the water issue identified, SML after consultations with GRA implemented ATG systems to monitor the volumes of products received into tanks at the depot,” the report said.

    Meanwhile, the report also indicated that SML owed the Ghana Revenue Authority (GRA) GH¢31.88 million in unpaid taxes for eight months of service provision. This outstanding amount includes accrued interest, estimated at GH¢18.50 million as of January 31, 2024.

    According to the accounting and advisory firm, SML has failed to fulfill its statutory obligations by neglecting to file its tax returns or remit the owed taxes to the GRA. This deviation from standard practice occurred between June 1, 2020, and August 31, 2023, during which the GRA typically deducts taxes for payments made to SML.

    “During the period from 1 September 2020 to 30 April 2021, a bulk payment to SML covering invoices for an eight (8) month period, did not have VAT and WHT deductions, amounting to GH¢13.38 million. This contradicts GRA’s standard practice of deducting such taxes for payments to SML between 1 June 2020 and 31 August 2023.”

    “Additionally, SML failed to fulfil its statutory obligations by neither filing returns nor remitting these taxes to GRA. Pursuant to Section 71(1) of the RA Act, the accrued interest on the tax liability is estimated at GH¢18.50 million owed by SML to GRA as of 31 January 2024. Consequently, the total liability incurred by SML amounts to GH¢31.88 million.”

    “At the time of our review, we noticed the discrepancy and informed GRA, leading to their subsequent communication with SML, demanding a settlement of the outstanding amount,” an excerpt of the report said on page 14.

  • Ofori-Atta, others must be prosecuted for monies lost in scandalous SML-GRA deal – Martin Kpebu

    Ofori-Atta, others must be prosecuted for monies lost in scandalous SML-GRA deal – Martin Kpebu

    Private legal practitioner and anti-corruption campaigner, Martin Kpebu, has called for the immediate prosecution of former finance minister Ken Ofori-Atta for causing financial loss to the state in the controversial Strategic Mobilisation Ghana Ltd (SML) deal.

    In an interview on JoyNews, Kpebu stated that officials of SML should also be included in the prosecution.

    He emphasized that the damning findings in the KPMG audit report necessitate the prosecution of those involved in drafting and executing the contract.

    “I have seen parts of the [audit] report which states that SML didn’t deliver so we need to quantify how much we lost and hold Ofori-Atta and the other officials involved for this loss,” he said.

    The lawyer further emphasized the need to terminate the revenue mobilisation deal between the Ghana Revenue Authority (GRA), the Finance Ministry, and SML.

    He noted that since SML failed to fulfill its mandate as stipulated in the contract, the deal should be canceled.

    “We need to terminate this agreement, because in law, when an agreement is void, public agencies shouldn’t pay money,” he said.

    In April this year, an investigation by The Fourth Estate, a project of the Media Foundation for West Africa (MFWA), uncovered numerous irregularities in the contracts between Strategic Mobilisation Limited (SML), the Ministry of Finance, and the Ghana Revenue Authority (GRA).

    The investigation revealed discrepancies in SML’s claims regarding its services aimed at tackling revenue losses in the downstream petroleum sector. President Akufo-Addo subsequently instructed KPMG to conduct a comprehensive audit.

    Despite SML’s assertions that its services were effectively addressing issues such as under-declaration, dilution, and diversion of petroleum products, evidence presented by The Fourth Estate showed that these functions were being carried out by other companies and the National Petroleum Authority (NPA).

    Managing Director of SML, Christian Tetteh Sottie, admitted to the inaccuracies and promptly removed the false claims from the company’s website.

    Despite these revelations and other admitted falsehoods, Minister of Finance Ken Ofori-Atta initiated a process in 2023 to expand SML’s contracts to include the gold and oil-producing sectors. This decision significantly increased the annual contract sum to over $100 million.

    Following the investigation by The Fourth Estate and subsequent public outcry, President Akufo-Addo suspended the contracts and commissioned KPMG to conduct an audit and submit a report.

    While the president released a press statement regarding the findings, the full report provides even more damning revelations about SML’s operations within its contracts with the Ministry of Finance and the GRA.

  • SML-GRA deal: Company gov’t contracted to help collect taxes is owing GHC32m tax

    SML-GRA deal: Company gov’t contracted to help collect taxes is owing GHC32m tax

    The KPMG report on the contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML) has uncovered significant tax discrepancies, with SML found owing the government over GHC31 million.

    The GRA and SML entered into a number of contracts to enhance revenue assurance in the downstream and upstream petroleum sectors, as well as the minerals and metals resource value chain.

    But it has been observed that during the period from 1 September 2020 to 30 April 2021, a bulk payment to SML covering invoices for an eight-month period lacked VAT and WHT deductions, amounting to GHC13.38 million. This departure from GRA’s standard practice contradicted previous deductions made for payments to SML between 1 June 2020 and 31 August 2023.

    Furthermore, SML failed to meet its statutory obligations by neither filing returns nor remitting these taxes to GRA. Pursuant to Section 71(1) of the RA Act, the accrued interest on the tax liability is estimated at GHC18.50 million owed by SML to GRA as of 31 January 2024.

    Consequently, the total liability incurred by SML stands at GHC31.88 million.

    Upon review, the discrepancy was brought to the attention of GRA, prompting their subsequent communication with SML, demanding settlement of the outstanding amount.

    The release of the KPMG audit report by President Nana Akufo-Addo comes in response to weeks of mounting pressure from the public and civil society organizations for transparency regarding the contentious contract. The President commissioned KPMG to audit the contract on January 2, 2024, with an initial deadline of January 16, 2024, later extended to February 23, 2024.

  • Akufo-Addo appoints Joe Ghartey as GRA Board Chairman

    Akufo-Addo appoints Joe Ghartey as GRA Board Chairman

    Former Railways Minister and NPP presidential aspirant, Joe Ghartey has been appointed by President Akufo-Addo to chair the newly reconstituted Board of the Ghana Revenue Authority (GRA).

    The 9-member board, chaired by the Member of Parliament for Essikado Ketan Constituency, includes Dr. Alex Ampaabeng, a tax and fiscal policy enthusiast representing the Finance Ministry, Elsie Addo Awadzi, the Second Deputy Governor of the Bank of Ghana, and Julie Essiam, the Commissioner General of the GRA.

    Other members are Michael Okyere Baafi, the Deputy Minister of Trade and Industry, representing the Trade Ministry, Susan Akomea, the Immediate Past Municipal Chief Executive of Asante Akim, and Araba Bosomtwe, both representatives of the President. Additionally, Kwabena Abankwah Yeboah, a fellow of the Ghana College of Pharmacists, will join the board.

    The board was inaugurated today, May 22, 2024, by the Finance Minister, Dr. Mohammed Amin Adam, who charged the members to work diligently to enhance Ghana’s revenue mobilization efforts.

    “We must improve revenue mobilization to achieve our medium-term revenue target of 18%-20% tax/GDP ratio and we must meet all indicative targets and structural benchmarks related to revenue under the Fund programme”, he said.

    He urged the members to leverage their experience to help reduce waste in the system while enhancing revenue collection.

    “Given your extensive backgrounds and professional expertise, I am confident that each Board member will meet the expectations of government, and the general public”, he stressed.

    Dr. Adam pledged to support the board members’ efforts through an open-door policy.

    “I am available to meet at short notice and also want to see more regular updates on revenue performance to ensure we remain aligned and focused as we advance”

    The Finance Minister reminded the 9 member board that; “We must leave the inauguration with a dedicated resolve to change the narrative and eclipse a 20% threshold of revenue to GDP within the shortest possible time”.

    Dr. Adam encouraged the board members to remember the country’s obligations under the International Monetary Fund-supported Post-COVID Programme for Economic Growth. He also charged the nine-member board to immediately address fundamental human resource issues, particularly promotions, capacity development, and sub-optimal physical working conditions.

    Background

    The Board of the GRA is being reconstituted after the former Board Chairman, Dr. Tony Oteng-Gyasi, resigned from his position, leading to the dissolution of the entire board. In response, President Akufo-Addo appointed Ms. Julie Essiam as the new Commissioner-General of the GRA, succeeding Rev. Dr. Ammishaddai Owusu-Amoah.

    Dr. Oteng-Gyasi became the Board Chair of the GRA in August 2021, taking over from Professor Stephen Adei.

    Members of the dissolved board included Ammishaddai Owusu-Amoah, Adelaide Ahwireng, Prof. Peter Ohene Kyei, Kwabena Boateng, Dela Obeng-Sakyi, Maxwell Opoku-Afari, and Nana Ama Dokua Asiamah-Adjei.

  • Duties, taxes on imported vehicles determined by country of origin – GRA clarifies

    Duties, taxes on imported vehicles determined by country of origin – GRA clarifies

    The Ghana Revenue Authority (GRA) has denied assertions that it calculates customs duties in foreign currency, dismissing such accusations as unfounded and erroneous.

    In a press statement released on Thursday, May 16, the GRA emphasized that these allegations are completely untrue and should be disregarded by the Ghanaian populace.

    The Authority clarified that its protocols for computing duties adhere strictly to the regulations delineated in the Customs Act 2015 (Act 891).

    The Ghana Revenue Authority (GRA) clarified that the evaluation of duties and taxes on imported vehicles is predominantly based on factors such as the vehicle’s country of origin, its purchase price, freight costs, and insurance charges.

    The GRA emphasized the importance of disregarding any false information concerning its procedures, reiterating its dedication to maintaining transparency and accountability in its responsibility to gather revenue for national advancement.

    Read full statement below:

  • GRA clarifies import duties are quoted in cedis not dollars

    GRA clarifies import duties are quoted in cedis not dollars

    The Ghana Revenue Authority (GRA) has strongly denied allegations that import duties are calculated in dollars.

    Eric Boateng, the president of the Automobile Dealers Union, raised concerns about the effects of duties, especially those imposed in dollars, on the businesses of second-hand car importers in Ghana during an interview with Bernard Avle on the Citi Breakfast Show on Wednesday, May 15.

    However, the GRA released a statement on Friday, May 17, dismissing the claims of calculating duties in dollars as “misleading” and urged the public to disregard them.

    “The claims that GRA calculates duties in foreign currency are misleading and should be disregarded. The basis of calculation of duties is provided for in the Customs Act 2015, (Act 891).”

    The GRA reiterated that duties and taxes are quoted in Cedis, not in foreign currency.

    “The CIF value is then converted into Ghana cedis at the prevailing Bank of Ghana exchange rate. Rates of duty and other taxes are then calculated on the item in Ghana cedis. The duty and taxes are NOT quoted in foreign currency, but in CEDIS,” GRA explained.

    The GRA further explained that the Cost, Insurance, and Freight (CIF) values are quoted in internationally convertible currencies such as dollars, euros, pounds sterling, and others.

    “GRA wishes to clarify the issue as follows: Duties and taxes are computed based on the value of vehicles from the country of origin. In addition to the cost of vehicles, Insurance and Freight charges must be added to form the base for the calculation of duty and taxes.

    “The Cost, Insurance and Freight (CIF) values are quoted in international convertible currencies such as dollars, euros, pounds sterling, etc.”

  • Amin Adam urges GRA officials to prioritize staff welfare for revenue enhancement

    Amin Adam urges GRA officials to prioritize staff welfare for revenue enhancement

    The Finance Minister, Dr. Mohammed Amin Adam, has urged the Ghana Revenue Authority (GRA) to prioritize staff welfare as a means to enhance revenue collection efforts across the country.

    He delivered this directive during a meeting with officials of the Customs Division of the GRA at the Aflao border on Friday, May 10, 2024.

    In his remarks to the officials, Dr. Amin Adam underscored the crucial connection between staff welfare and revenue generation. He emphasized that fostering a supportive and conducive work environment is vital for boosting productivity and meeting revenue goals.

    “At the heart of revenue collection lies the welfare of our staff. Yes, we are here to collect revenue, but your welfare remains paramount. With improved staff welfare, we can boost morale and enhance productivity, ultimately leading to increased revenue collection,” the Minister said.

    In line with his dedication to enhancing staff welfare, Dr. Amin Adam instructed the Commissioner-General of the Ghana Revenue Authority (GRA) to guarantee the provision of essential logistics and resources for Customs officials.

    He emphasized that ensuring the availability of necessary resources and logistics, such as renovating staff accommodation, will cultivate an environment conducive to optimal performance.

    “With a focus on staff welfare, we can unleash the full potential of our workforce and drive revenue growth,” remarked Dr. Amin Adam.

    “Our staff are the backbone of revenue collection. By prioritizing their well-being and equipping them with the necessary tools, we can significantly improve our efficiency and effectiveness,” she said.


    During the meeting, Commissioner-General Julie Essiam took the chance to reassure the Minister of her department’s dedication to enhancing staff welfare and furnishing adequate logistics to bolster government revenue.

    She emphasized that providing personnel with up-to-date knowledge and skills in tax collection procedures, auditing techniques, and customer service would empower them to handle complex situations proficiently and serve taxpayers effectively. This, in turn, would position the GRA as a leading government agency in terms of efficiency.

  • ‘Ensure that we generate revenue to support our development needs this year’ – Customs Division of GRA urged

    ‘Ensure that we generate revenue to support our development needs this year’ – Customs Division of GRA urged


    The Ghana Revenue Authority’s Customs Division has been entrusted with the crucial task of collecting necessary revenue, including taxes and duties, to meet the state’s developmental requirements.

    Dr. Mohammed Amin Adam, the Minister of Finance, emphasized that this was essential for the government to acquire the resources needed to address the growing demands for improved living standards and prosperity among Ghanaians.

    During a visit to the Aflao Sector Command accompanied by a high-powered delegation on Friday, he underscored the significance of Customs officers as pivotal stakeholders in the Ministry’s revenue mobilization efforts.

    He urged them to demonstrate dedication and diligence in achieving this year’s revenue target of GH¢146 billion, crucial for supporting the country’s development agenda.

    “This country cannot continue to borrow and borrow…  We must look within for the potential to generate revenue that will support our development needs this year… I see you as integral part of all the efforts I have to make to succeed as a minister,”Dr Amin Adam said.   

    “And to succeed as a minister means to be able to help Ghanaians meet their demands – the development needs of our people. That the roads our people need are constructed, electricity challenges resolved…” 

    “We need to mobilise resources because that will enable us to address these challenges. Therefore, I see you as partners.” 

    Dr. Adam praised the Aflao Sector for surpassing its revenue target over the past four years and encouraged sustained efforts to maintain this achievement in 2024.

    The Aflao sector comprises four primary stations: Akanu, Kpoglu, and Ave-Havi, along with a major checkpoint at Dabala Junction.

    “But we also know that revenue has not been doing well since the beginning of this year, but I do not blame you (Customs) because GRA has many divisions,” he said. 

    “Some divisions are doing well, some divisions are not doing well. But we should not get to a point where we point fingers. We should see ourselves as a whole… We fall together, we rise together. That should be the spirit to guide our relationship and our work.”   

    Madam Julie Essiam, the Commissioner General of the GRA, emphasized the significance of the Aflao Sector and Customs within the GRA structure. She outlined plans to prioritize staff welfare and provide necessary resources to improve revenue collection.

    Addressing the need for a revamped image of the GRA, she remarked, “Perception is people’s reality,” and committed to reshaping the organization’s approach from enforcement to collaboration and partnership with taxpayers.

    Brigadier General Ziblim Ayorrogo, Commissioner of the Customs Division, urged the Aflao Sector to surpass its revenue target to support the GRA and the ministry in achieving their overall revenue objectives.

    Assistant Commissioner Joseph Allan, Aflao Sector Commander, assured that while focusing on revenue mobilization, the sector would maintain its commitment to national security, particularly during this election year.

    Madam Julie Essiam, the Commissioner General of the GRA, emphasized the significance of the Aflao Sector and Customs within the GRA structure. She outlined plans to prioritize staff welfare and provide necessary resources to improve revenue collection.

    Addressing the need for a revamped image of the GRA, she remarked, “Perception is people’s reality,” and committed to reshaping the organization’s approach from enforcement to collaboration and partnership with taxpayers.

    Brigadier General Ziblim Ayorrogo, Commissioner of the Customs Division, urged the Aflao Sector to surpass its revenue target to support the GRA and the ministry in achieving their overall revenue objectives.

    Assistant Commissioner Joseph Allan, Aflao Sector Commander, assured that while focusing on revenue mobilization, the sector would maintain its commitment to national security, particularly during this election year.

    “Hon Minister, with 2024 being an election year, we the officers are poised to play our security roles to the best of our ability in order to have a very peaceful election.”   

     

  • I will succeed as Finance Minister if you double your efforts in revenue generation – Dr Mohammed Amin tells GRA

    I will succeed as Finance Minister if you double your efforts in revenue generation – Dr Mohammed Amin tells GRA

    Ghana’s Minister-designate for Finance, Dr. Mohammed Amin Adam, has highlighted the crucial role of the country’s revenue collection institutions in supporting the government’s efforts to generate revenue for development.

    He emphasized that without adequate revenue, financing the budget would be challenging, leaving loans as the only option.

    During a visit to the Ghana Revenue Authority (GRA) in Aflao, the Minister-designate commended the staff for their dedication in mobilizing revenue to fund essential government programs.

    He acknowledged their significant contributions and emphasized the importance of their work in achieving national development goals.

    Dr. Adam expressed the urgency of the situation, noting the limited time he has as Finance Minister to deliver results. He stressed the need for collective efforts from all stakeholders to succeed in meeting revenue targets and driving sustainable development.

    Recognizing the importance of efficient revenue collection, the Minister-designate underscored the need for continuous improvement and innovation within the Ghana Revenue Authority. He encouraged staff to explore new strategies to enhance revenue mobilization while ensuring transparency and accountability.

    “I came here to encourage you to double your efforts and not to talk down on the significant progress that you have achieved in recent years”, he said.

    “I have just a few months to end my tenure as Finance Minister but help me, let’s work together for this one-year stewardship as a Finance Minister to be memorable for me and all of us so we can say that during the time Amin Adam was Finance Minister, he worked with GRA officials and revenue collectors and this is the legacy we left,” he added. 

    In conclusion, Dr. Adam reiterated the government’s commitment to maximizing revenue collection to finance critical programs for the benefit of all Ghanaians. He expressed confidence in the dedication of the Ghana Revenue Authority’s staff and called for their continued support in achieving the nation’s development objectives.

  • Akufo-Addo to order release of KPMG audit report on GRA-SML contract – Report

    Akufo-Addo to order release of KPMG audit report on GRA-SML contract – Report

    President Akufo-Addo is set to authorize the release of the KPMG audit report on the controversial contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML), Asaase Radio has reported, citing a source close to the office of the president.

    This development comes after the Chief Director at the Office of the President, H.M. Wood, declined a demand by the Media Foundation for West Africa (MFWA) for the full KPMG report on the revenue assurance contract between the GRA and SML.

    In April of this year, the MFWA had requested a copy of the comprehensive KPMG audit report on the GRA/SML revenue assurance contract, utilizing the Right to Information Act, 2019 (Act 989), also known as the RTI Act.

    However, in a statement on Wednesday (8 May), the Chief Director at the Office of the President said “Upon careful consideration and in accordance with section 5 (1) (a) and (b) (i) of the RTI Act, I regret to inform you that your request has been refused.”

    “Section 5 (1) (a) and (b) (i) states that information prepared for or submitted to the president or vice-president containing opinions, advice, deliberations, recommendations, minutes, or consultations, is exempt from disclosure and that disclosure of such information would compromise the integrity of the deliberative process by revealing the thought process, considerations, and influence on decision-making reserved for the highest offices of the land,” the statement added.

    Nevertheless, Asaase News reports that sources at the Jubilee House indicate the President will authorize the release of the report because there is nothing to hide.

    “I can say on authority that both the letter to GRA and the press release from the presidency on the KPMG report on the GRA-SML deal captured, without omission the substance and essence of all the material findings and, it is important to add that the President gave not his recommendations to GRA but the totality, without reservation, of all the recommendations by KPMG.

    “President Akufo-Addo very simply passed on all that KPMG recommended should be done about SML contracts, including cancelling two of them, suspending two others, and renegotiating the variable fee of the one that was recommended to remain but altered to have a fixed fee,” the Asaase News source at the presidency said.

    The source further reckoned that “The report is yet to be made public because there is a sense that GRA must be allowed to recommend without any inordinate pressure the actual substance of the recommendations.”

    According to Asaase News, a senior source at the Ministry of Finance has stated emphatically that the Ghana Revenue Authority (GRA) may go even further than recommended. After conducting a needs assessment and full stakeholder consultations on the two outstanding contracts regarding the monitoring of mining production and upstream oil and gas production, GRA may open the two contracts up for competitive bidding.

    President Akufo-Addo received the KPMG report on April 2, 2024, three months after tasking the audit firm to investigate the GRA-SML deal. Following a review of the report, the government issued a press statement directing the GRA to review the deal among other directives.

    The President appointed and tasked KPMG on January 2, 2024, to conduct an immediate audit of the transaction between the GRA and Strategic Mobilization Ghana Ltd (SML), aimed at enhancing revenue assurance in the downstream petroleum sector, upstream petroleum production, and minerals and metals resources value chain.

    The audit’s terms of reference were six-fold: to ascertain the rationale or needs assessment performed before the contract approval by GRA, assess the appropriateness of the contracting methodology, evaluate the degree of alignment between current activities and the stipulated contract scope, evaluate the value or benefit that SML has offered to the GRA, review the financial arrangements, and submit a report on findings with appropriate recommendations.

    In compliance with recent directives from President Akufo-Addo regarding its deal with SML, GRA has terminated the transaction Audit and External Verification Service Contract (AEVS) with SML. GRA has also decided to amend the measurement Audit for the Downstream Petroleum Products Contract by revising the fee structure to a fixed fee structure. Additionally, the Authority will thoroughly review other provisions such as service delivery expectations, termination, and intellectual property rights.

    “This is about the presidential directives dated 18 April 2024 on the recommendations of KPMG concerning the Contract for Consolidation of Revenue Assurance Services between the Government of Ghana acting per the Ministry of Finance, Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Limited (SML).

    “Following the directives of the President, GRA has undertaken a thorough review of the Consolidation of Services (Transaction Audit and External Verification Services) contract dated 3 October 2019, the Measurement Audit for Downstream Petroleum Products Contract dated 3 October 2019, and the Contract for Consolidation of Revenue Assurance Services (Upstream and Minerals Audit) contract dated 25 October 2023,” the GRA letter read.

    “Based on the review, the following actions are to be taken: First, The Transaction Audit and External Verification Services Contract will be terminated. Secondly, the Measurement Audit for Downstream Petroleum Products Contract will be amended.

    “Specifically, the fee structure will be revised to a fixed fee structure. In addition, other provisions such as service delivery expectations, termination, and intellectual property rights will be subjected to a thorough review.

    “Thirdly, the Upstream Petroleum and Minerals Revenue Audit portions of the Contract for Consolidation of Revenue Assurance Services cannot take effect until a comprehensive technical needs assessment, value-for-money assessment, and relevant stakeholder consultations have been achieved,” the GRA letter to SML further read.

  • E-VAT implementation progresses as planned, expected to enhance revenue collection – GRA

    E-VAT implementation progresses as planned, expected to enhance revenue collection – GRA

    The Ghana Revenue Authority (GRA) has provided an update on the ongoing implementation of the Electronic Value Added Tax (E-VAT) system, confirming that the rollout is proceeding as planned.

    Addressing recent concerns regarding the status of the E-VAT initiative, the GRA reaffirmed its dedication to swiftly and comprehensively implementing the system. The E-VAT system aims to improve revenue collection, combat tax evasion, and enhance transparency in tax administration.

    According to a press release issued by the GRA on May 8, 2024, a successful E-VAT pilot involving 50 taxpayers has been concluded. The pilot phase paved the way for a smooth and successful implementation of E-VAT, prioritizing minimal disruption to taxpayers’ operations.

    During the pilot phase, VAT revenue increased by over 58%, resulting in additional contributions exceeding GH¢384 million. The efficiency of electronic VAT invoicing contributed GH¢124 million to this increase, representing 32% of the total revenue boost.

    The rollout of the E-VAT system is progressing in phases, with the pilot phase successfully completed. The ongoing initial rollout phase focuses on onboarding large taxpayers, who contribute 80% of VAT collections. The revised timeframe for Phase 1 spans from April 22 to May 31, 2024.

    Initial results from Phase 1 onboarding are highly promising, with a 175% progress rate achieved compared to weekly onboarding targets.

    The second phase, slated for completion by the end of December 2024, will target the onboarding of medium and small taxpayers.

    The final implementation phase will integrate all other VAT-registered taxpayers into the E-VAT system.

    The GRA expressed confidence in the significant positive impact of the E-VAT system on VAT contributions and assured stakeholders of its unwavering commitment to its comprehensive and rapid implementation.

    The authority acknowledged the cooperation and partnership of all stakeholders in the E-VAT implementation process. Taxpayers seeking further information or assistance regarding the E-VAT system are encouraged to contact their nearest GRA office or visit the authority’s website.

    Deployed in accordance with the amended Value Added Tax Act 870, the E-VAT system certifies every taxpayer-issued invoice in near-real-time for revenue assurance purposes.