The Ghana Revenue Authority (GRA) has unveiled the sustained tax education program and the modified taxation scheme to rake in more than two million tax payers in the first year of implementation.
The move is aimed at increasing tax revenue for the country to support national development.
Acting Commissioner General of the Ghana Revenue Authority, Anthony Sarpong, believes that this will boost the tax-to-Gross Domestic Product ratio in the next three years.
Known as the Sustained Tax Education and the Modified Taxation Scheme. the GRA developed the two policy initiatives aimed at simplifying tax payment and increasing tax awareness across the country.
According to the Commissioner General, the initiatives have the potential of adding more than GH¢10 billion to domestic tax revenue annually.
“We have done some analysis and know that there is potential in the informal sector, such that if we’re able to get at least two million taxpayers every year, there will be more to be added to the tax net. This is a sector with about eight million businesses and individuals, so the first three years, which will be the first phase, will have about two million people on board, and in the next three years, we can boost our domestic revenue,” he said.
On his part, the Deputy Minister for Finance, Thomas Nyarko Ampem hinted that the 2026 Budget which will be presented next week, Thursday, November 13, 2025, will have some tax reliefs for citizens through the restructuring of the Value Added Tax, VAT.
Speaking on behalf of the President, the Chief of Staff, Julius Debrah commended the GRA for such a bold initiative, but urged the Authority to pay attention to night businesses since the 24-hour economy is in full force.
The campaign is launched under the theme, “Promoting voluntary compliance through sustained tax education”.
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Source: myjoyonline.com
