<\/p>\n
The Ghana Revenue Authority (GRA) has brought its 2022 enforcement exercise to a close in the hospitality and tourism industry, registering\u00a0additional five companies defaulting\u00a0on\u00a0VAT payment.<\/p>\n
The companies, Accra Park Playground, Hallmark Caf\u00e9, Farmers\u00a0Haus,\u00a0Club Smooth and Tinsel Town Pub\u00a0were clamped down and invited for investigations for various offences including non-registration and non-issuance of VAT invoices.<\/p>\n
The enforcement has been carried out across multi-sectors of the economy.<\/p>\n
Head of GRA Accra Central Enforcement Unit, Joseph\u00a0Annan, said the five companies would be compelled by the Authority to do the right thing as the law takes effect to ensure that compliance is maximized.<\/p>\n
\u201cWe have picked their records and have invited them to the office to assist with investigations to enable us recoup what the state has lost,\u201d he said.<\/p>\n
Interestingly Mr Annan disclosed that some event centres have been recycling the Authority\u2019s coupons and selling them to new customers, an offence he said, is criminal.<\/p>\n
\u201cWe don\u2019t want to mention names. We\u2019ll deal with them after such cases have been verified, as this is a clear evasion of tax\u201d Mr Annan noted.<\/p>\n
In the last five weeks of 2022, the Authority\u00a0arrested operators of 15 stone and sand quarry sites operating at Shai Hills,\u00a0Nsawam\u00a0and the\u00a0Gomoa\u00a0enclave.<\/p>\n
Within the five\u00a0weeks, operators of six departmental shops within the A&C Shopping Mall, and two other supermarkets at\u00a0Dansoman\u00a0as well as several restaurants and pubs,\u00a0were also apprehended for various VAT infractions including non-registration, non-issuance and selective issuance.<\/p>\n
But Mr Annan disclosed that investigations for these various defaulting companies have already started, as key documents including personal receipts, own-invoices, laptop machines and other records were retrieved to further assist investigations.<\/p>\n
The GRA, Mr Annan said have a monthly target to raise about\u00a0GH\u00a215 billion in December\u00a0year\u00a02022, to meet\u00a0the overall GH\u00a280.3 billion annual target.<\/p>\n
\u201cWe are determined and we are certain that we can meet the target. However, we need citizens\u2019 support and collaboration of businesses to realize this ambition. Everyone taxpayer must contribute to build the nation\u201d he said.<\/p>\n
Source: B&FT<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Featured Video\n<\/p>\n\n
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