Accra Mall escapes closure over taxes

Accra Mall escapes closure over taxes

- in General News, Top Story

But for the quick intervention of operators of one of Ghana’s busiest commercial centres, the Accra Mall, the Ghana Revenue Authority (GRA), would have shut down the mall on Wednesday morning over its failure to pay taxes.

The Ghana Revenue Authority embarked on a distress order to retrieve about 2 million cedis in tax arrears from the management of the Accra Mall.

The move was triggered after the company failed to pay the said taxes despite an expiration of the deadline about two months ago.

The amount, which is taxes owed in VAT, also followed an audit of the operations of the management of the mall by the GRA.

The Chief Revenue Officer, Debt Management and Compliance of the GRA, Wisdom Hetor, is confident the exercise will improve voluntary tax compliance.

“The audit covers between 2013 and 2015, but the demand notice was served on the 11th of September 2017, and the final demand notice was served on the 26th of October, 2017. So before this exercise, we have had several meetings with them to make sure that we collect the money from them, but they always give varied excuses so we have no other option than to come today to execute the mandate,” he stated.

Source: Citifmonline

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A level 400 student of the Ghana Institute of Journalism offering a degree in journalism. Interests: making good use of technology, reading books on conflict and unraveling mysteries, sight seeing, team work, video production and photography. Philosophy: Hard work breaks no bone. I'm a Christian.

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