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Implementation of 5 new taxes could be tied to completion of public education- GRA

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Rev. Dr. Ammishaddai Owusu-Amoah, Commissioner-General of the Ghana Revenue Authority (GRA), has stated that the implementation of the five tax laws enacted by parliament might be linked to the fulfillment of the requisite public education for residents and the issue of the appropriate instructions.

He said that, while the law is set to go into effect on January 1, 2024, there is a need to educate the people in order to increase compliance.

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“The aim is to start from January 1, 2024, but practicability will be a major factor, because we have to take into consideration the necessary engagements with the public and industry players before the enforcement date can be communicated” , he said.

“We will try and make sure that the necessary guidelines and regulations are in place, before we start enforcing these taxes,” he assured.

He revealed this on Joy News’ PM EXPRESS BUSIENSS EDITION with anchor George Wiafe on Thursday, December 28, 2023 at 9 p.m.

According to Dr. Owusu-Amoah, the implementation of a legislation normally begins on the date the President signs it into law, as well as the effect date specified in the statute.

“There is the need to provide administrative guidance which is key for effective execution, he said.

 

 

 

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