The Ghana Revenue Authority has accrued close to GHC50 millon in revenue from rogue tax payers in last month alone. The sent out strong warning of prosecuting and closing down all companies who have defaulted their tax obligations.
The exercise began last month, and saw the closure of a number of companies who had failed to redeem their tax obligations.
Read more: GRA cautions self-employed professionals to pay up taxes or....
A month on, the Ghana Revenue Authority has disclosed that their efforts have yeilded the required results, leading to a major boost in their revenue inflows.
Before GRA special Task Force embarked on the exercise, the revenue authority was lagging behind in their domestic tax revenue targets for the first half of the year, hence the intensified move to make up the gap.
Read more: GRA misses domestic revenue targets H1 of 2015, threatens to sanction defaulters
Head of the Special Task force for Reveue Collection, and Chief Revenue Officer of the GRA, Theophilus Gaskin, says
Mr. Gaskin further disclosed the total amounts of money the task force had succeeded in collecting