• Welcome to GhanaToday.
Wednesday, April 21, 2021
  • Home
  • District News
  • Sector News
  • Creative Arts
  • Sports
  • World News
No Result
View All Result
GhanaToday
  • Home
  • District News
  • Sector News
  • Creative Arts
  • Sports
  • World News
No Result
View All Result
GhanaToday
No Result
View All Result

GRA sets up offices to synchronise TIN with Ghana Card

GRA sets up offices to synchronise TIN with Ghana Card

by Ghana Today
April 1, 2021
in Business
0
0
SHARES
13
VIEWS
Share on WhatsapShare on FacebookShare on TwitterShare on LinkedinShare on Wechat

The Ghana Revenue Authority (GRA) in collaboration with the National Identification Authority (NIA) has set up 14 offices across the country to synchronise the Tax Identification Numbers (TINs) with the Ghana Card, effective Thursday, April 1, 2021.

">

The GRA will set up additional offices by the end of April to allow individuals who could not register for the Ghana Card during the mass registration to do so.

The Authority hoped to finish with the synchronisation process by the end of December 2021 and fully begin to use the Ghana Card for transactions from January 2022.

This follows the President’s announcement during the State-of-the-Nation-Address in Parliament, on Tuesday, March 9, 2021, that the Ghana Card numbers would be replaced with TIN and other national card numbers from April 1.

Reverend Ammishaddai Owusu-Amoah, Commissioner-General, GRA announced this on Wednesday when he visited the Adabraka Medium Tax Payer Office in Accra to observe their preparedness for the use of the Ghana card Number as TIN, which takes effect from April 1.

Rev Owusu-Amoah explained that the initiative formed part of efforts to identify and rope in more eligible taxpayers, especially those in the informal sector and enable organisations to easily share important data with the Authority.

The NIA had signed a Memorandum of Understanding with the Ghana Revenue Authority, Passport Office, Driver Vehicle and Licensing Authority (DVLA) and Social Security and National Insurance Trust (SSNIT), to synchronise their biometric cards with the Ghana-Card electronic database system.

Data from the GRA indicates that the informal sector constitutes about 70 percent of the economy but just two percent pay income tax.

He said the GRA, had employed data scientists to analyse the transactions of High-Net-Worth Individuals — persons with around $1 million in liquid financial assets to ensure that they were paying the right taxes to the government.

The GRA, the Commissioner-General stressed, had configured and synchronised its data with 14 other government institutions, including the DVLA and the SSNIT to enable them to achieve the target.

GRA has set a revenue target of 60 billion Ghana Cedi by the end of 2021.

The use of Ghana-Card numbers as tax identification numbers is expected to increase the number of taxpayers from three million to 15.5 million.

GNA

Tags: Ghana Revenue AuthorityNational Identification AuthorityReverend Ammishaddai Owusu-AmoahTax Identification Numbers
Previous Post

Tema-Akosombo Railway Project Progresses

Next Post

Minister for Works and Housing hands over three affordable housing projects to new owners

Ghana Today

Related Posts

Kojo Oppong Nkrumah
Business

Ghana receives US$2.7 billion Foreign Direct Investment in 2020

April 19, 2021
11
Business

GEPA launches Diploma in International Trade Modular Programme

April 16, 2021
14
Mr Ken Ofori-Atta
Business

Ghana still Lower-Middle Income Economy — Finance Ministry

April 15, 2021
8
President Akufo-Addo being briefed by Dr Daniel Boamah (left), Director General, Forestry Commission. Looking on is Mr Samuel Abu Jinapor (right), Minister for Lands
Business

Mining can create jobs but not at the expense of the environment — President Akufo-Addo warns

April 14, 2021
12
Business

President Akufo-Addo Commissions B5 Plus Steel Factory under 1D1F 

April 13, 2021
11
Business

ECOWAS, UNDP build capacity of women to grab opportunities in AfCFTA

April 13, 2021
9
Next Post

Minister for Works and Housing hands over three affordable housing projects to new owners

President Akufo-Addo(3rd right) with some delegates at the luanch

President Akufo-Addo Commends Global Fund for Helping to Eradicate Malaria, HIV &Tb In Ghana

President Akufo-Addo Presents 40 armoured personnel carriers to Armed Forces

Madam Shirley Ayorkor Botchwey, Minister of Foreign Affairs and Regional Integration (left) receiving the open Letter from Mrs Lamido Salamatou Bala Goga, the Ambassador-designate of Niger

Foreign Minister receives open letters from Niger Ambassador-designate to Ghana

Foreign Minister lauds EU’s efforts to protect Gulf of Guinea

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

">

Recent News

Ghana among countries of relative peace in Africa, says ex-head of UN peace operations

April 20, 2021

Eastern part of Accra to experience interruption in water supply for four days

April 20, 2021
Kojo Oppong Nkrumah

Ghana receives US$2.7 billion Foreign Direct Investment in 2020

April 19, 2021
">
GhanaToday

Ghana Today is your authentic, reliable News Website of the Information Services Department.

Follow Us

Browse by Category

Recent News

Ghana among countries of relative peace in Africa, says ex-head of UN peace operations

April 20, 2021

Eastern part of Accra to experience interruption in water supply for four days

April 20, 2021
  • Welcome to GhanaToday.

© 2020 All Rights Reserved | GhanaToday.gov.gh

No Result
View All Result
  • Home
  • District News
  • Sector News
  • Creative Arts
  • Sports
  • World News

© 2020 All Rights Reserved | GhanaToday.gov.gh

GhanaToday cookies
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.