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GRA targets GH¢310bn revenue by 2028, rules out overburdening compliant taxpayers

The Ghana Revenue Authority (GRA) is targeting revenue mobilisation of GH¢310 billion by December 2028, with plans to broaden the tax base and improve compliance without placing additional pressure on existing taxpayers. Commissioner-General of the GRA, Anthony Kwasi Sarpong, says the authority is focused on building a revenue system that grows with the economy and […]

GRA targets GH¢310bn revenue by 2028, rules out overburdening compliant taxpayers

The Ghana Revenue Authority (GRA) aims to generate GH¢310 billion in revenue by 2028, with a commitment to expanding the tax base and enhancing compliance without overburdening compliant taxpayers, according to Commissioner-General Anthony Kwasi Sarpong. Sarpong emphasized that the authority seeks to create a revenue system that expands alongside the economy and supports private-sector investment.

He rejected the notion of perpetually increasing tax collection from the same taxpayers, stating that such an approach is unsustainable and unfairly burdens compliant individuals. The GRA collected GH¢153 billion in 2024 and GH¢182 billion in 2025, with a target of GH¢237 billion for 2026, which was met by GH¢185.5 billion as of October 2025.

Sarpong credited tax reforms, digitalization, and AI in customs classification for the increased performance. He highlighted the implementation of the Integrated Tax Administration System (ITAS) and plans to fully execute electronic fiscal devices by 2027 to bolster VAT compliance. Sarpong stressed the GRA's dedication to increasing the efficiency of tax administration to better support businesses, especially manufacturers dealing with raw materials and production inputs.

He argued that a stronger domestic revenue mobilization would lessen the government's dependence on borrowing, freeing up more financing for private businesses. Sarpong urged businesses to fulfill their tax obligations while collaborating with the GRA on challenges that escalate the cost of conducting business. His ultimate objective was to establish domestic revenue mobilization as a foundation for investment, industrial expansion, and job creation.

Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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