Tag: Revenue mobilization
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ECG to begin new nationwide revenue mobilisation from July 11
The Electricity Company of Ghana (ECG) has announced the commencement of a new nationwide revenue mobilization initiative known as “Operation Zero.” Scheduled to begin on July 11 and conclude on September 11, 2023, this two-month campaign aims to recover every outstanding debt to the last pesewa. In an official statement, the ECG emphasized that it…
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GRA to reject companies’ expenses without VAT invoice from October 1
The Ghana Revenue Authority (GRA) says it will reject any expenditure incurred by any company in Ghana without a Value Added Tax (VAT) invoice starting from October. This, according to the Authority, forms part of moves to, among other things, ensure that all tax revenue leakages are sealed. Over the years, the Ghana Revenue Authority…
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Government launches Revenue Assurance and Compliance Enforcement to eliminate revenue leakages
As part of efforts to facilitate effective and efficient mobilisation of taxes in the country, the Vice President, Dr. Mahamudu Bawumia, has launched the Revenue Assurance and Compliance Enforcement (RACE) initiative as promised in the 2021 mid-year budget review. The remit of RACE is to identify and eliminate revenue leakages in the various sectors of…