The Ghana Revenue Authority (GRA) has dispelled claims that it will tax street beggars in order to rake in more revenue for the state.
The GRA Principal Revenue Chief at the Small Tax Payer Office in the Northern region Alhaji Yahaya Mohammed in an interaction with journalists said street beggars generate some form of income and thus should be ready to pay tax.
But in a statement issued by GRA it said alms received by beggars on the street does not fall within the taxable threshold.
‘Income Tax Act 2015, ( Act 896) indicates that when a person has no chargeable income or the income is below the taxable threshold, the person is not expected to pay tax
and therefore does not file tax returns,’ the statement said.
The Ghana Revenue Authority wishes to react to reports in the media that the
Authority intends to tax street beggars among others previously not captured in the
tax net in its bid to widen the tax net.
The Authroity wishes to inform the general public with regards to the position of the
law on taxation of persons as stated in the Income Tax Act 2015, ( Act 896) as
follows:
-The Income Tax Act 2015, ( Act 896) states that the chargeable income of a
person for a year of assessment is the total of the assessable income of that
person for the year from each employment, business or investment.
-The Act also indicates that when a person has no chargeable income or the
income is below the taxable threshold, the person is not expected to pay tax
and therefore does not file tax returns.
With regards to the above therefore, it must be stated that alms received by beggars
on the street does not fall within the taxable threshold. They therefore do not pay tax.
By: Ghana/Ultimatefmonline.com/106.9FM
The post We won’t tax street beggars – GRA appeared first on Ultimate FM.
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