The Ministry of Finance has urged all government agencies to ensure the timely remittance of withholding taxes deducted from their suppliers to the Ghana Revenue Authority (GRA).
The warning follows revelations by the Auditor-General that the National Lotteries Authority (NLA) failed to remit more than GHC4 million in withholding taxes for the years 2022 and 2023.
Speaking during the Public Accounts Committee meeting on Wednesday, October 29, 2025, Deputy Minister of Finance Thomas Ampem Nyarko stressed that delays in remitting withheld taxes deny the state crucial revenue needed for development.
“The situation where we withhold taxes from vendors, suppliers, and others and fail to pay promptly flouts our laws. And it is important that our agencies set up and pay to GRA promptly when they withhold.
“But I’m very happy that you are taking this exercise, and it should serve as a lesson to all withholding agents that when you withhold taxes, they are not yours. You have to remit them promptly. You have to pay them promptly to the Revenue Authority,” he said.
According to the Auditor-General’s report, the NLA withheld a total of $1,445,825 in taxes from suppliers and vendors but failed to remit the amount to the GRA.