IEAG Flags GRA Tax Collection Gaps, Urges Finance Ministry Coalition & VAT Compliance for Traders скачать в хорошем качестве

IEAG Flags GRA Tax Collection Gaps, Urges Finance Ministry Coalition & VAT Compliance for Traders

the Importers and Exporters Association of Ghana (IEAG) raises critical concerns about structural vulnerabilities within Ghana’s tax collection framework. The Association highlights operational gaps affecting the Ghana Revenue Authority’s (GRA) capacity to effectively track trader records, monitor tax streams, and ensure comprehensive compliance within the trading sector. Key calls to action include: • A strategic coalition between the Ministry of Finance, GRA, and trade associations to strengthen enforcement and tax administration. • Institutional collaboration to improve record-keeping compliance among traders nationwide. • A direct advisory to businesses with annual trade volumes exceeding GHS 750,000 to promptly submit VAT returns and ensure full statutory compliance. The IEAG emphasises that sustainable revenue mobilisation requires coordinated public-private engagement, structured advocacy, and disciplined compliance within the trading ecosystem. This discussion forms part of a broader reform conversation aimed at enhancing transparency, accountability, and efficiency in Ghana’s tax system.#IEAGhana #GRA #MinistryOfFinanceGH #TaxCompliance #VATGhana #GhanaBusiness #RevenueMobilization #TradeAssociations #TaxReform #GhanaEconomy