Business News of Monday, 9 August 2021Source: www.ghanaweb.com• Close to 60,000 professionals, businesses have been found to be evading taxes•This comes after the GRA conducted an exercise to ascertain the figures• Already, Ghana is lagging is behind in its revenue mobilisation effortsFinance Minister, Ken Ofori-Atta has disclosed that an exercise to ascertain tax defaulters by the Ghana Revenue Authority earlier showed that about 60,000 businesses were operating without paying taxes. The categories of persons who were evading taxes included lawyers, doctors and other professionals. Now that’s triple.”“And then we went through the exercise to sort of titrate to see what we’ve got, and we got about 60,000 businesspeople who were not paying taxes,” he revealed. Some doctors [are not paying income tax] …so you begin to see all of these professionals, all of us on social media ranting against the government and [realise] that most of these people are not even paying taxes,” the finance minister stressed. Though there is still work to be in generating more revenue, Ken Ofori-Atta said the GRA is making changes to its structure in order to ensure these efforts yield results.

Source: GhanaWeb August 09, 2021 09:00 UTC