Digital Addressing System To Boost Revenue
Finance Minister, Ken Ofori-Atta has expressed optimism that the full implementation of the much talked about digital addressing system will formalize the economy, facilitate and improve tax compliance, and generally improve revenue mobilization for the country.
The digitization drive through the three-throng approach including the launch of the “Ghana Card”, the National Digital Property Addressing System; and the launch of the Interoperable Electronic Platform for the payment of goods and services and electronic transfers across the country is expected to make the magic, he said.
Mr. Ofori-Atta made this known in an interview with THE PUBLISHER in Parliament House after the adoption of the 2018 budget and financial policy statement of government.
According Mr. Ofori-Atta, a key priority for government next year is the issue of revenue mobilization.
He however indicated that government would have to rely on the electronic platforms to encourage tax compliance.
“So, all in all, you beginning to see our capacity as a nation to grow beyond aid and to be able to support ourselves, so whether we as a nation will begin to address ourselves honestly and for all of us, to come to pay what we are supposed to pay and for the government machinery [GRA] to make it easy and simple for people to pay taxes’’ he stated.
The Minister noted that the digital addressing system and the national ID system will all be hooked onto an electronic platform to encourage tax payment.
By: Christian Kpesese/ thePublisher