{
  "id": 14483666,
  "title": "GRA exceeds September revenue target by GH¢1.4bn despite VAT shortfall",
  "url": "https://urgent.news/2026/10/14/gra-exceeds-september-revenue-target-by-gh-1-4bn-despite-vat-shortfall",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T15:40:34.000Z",
  "source": {
    "name": "GBC Ghana",
    "slug": "gbc-ghana",
    "url": "https://www.gbcghanaonline.com/news/court-strikes-out-afenyo-markins-defamation-suit/2026/"
  },
  "original_language": "en",
  "account": "The Ghana Revenue Authority (GRA) has surpassed its revenue target for the first nine months of 2026, collecting GH¢167 billion compared to the goal of GH¢165.6 billion. Commissioner-General Anthony Kwasi Sarpong reported this during a briefing to Parliament's Public Accounts Committee on October 14, 2026. Direct taxes exceeded their objectives, with collections amounting to GH¢71.6 billion, surpassing the GH¢66 billion target by GH¢5.5 billion. Royalties also outperformed expectations, generating GH¢8 billion, or about GH¢1.2 billion more than anticipated. However, indirect tax collections, particularly VAT, fell short of expectations, totaling GH¢29.6 billion against a target of GH¢37 billion. Sarpong highlighted VAT compliance issues, noting that many businesses were either unregistered for VAT, failing to charge or collect the tax. The Authority is implementing a national compliance program and a mobile application to monitor VAT invoices and improve enforcement. Customs revenue also fell below its target, with collections of GH¢46.9 billion against a goal of GH¢48.4 billion. Efforts are underway to recover the shortfall before year-end. The Energy Sector Recovery Levy performed well, collecting about GH¢10.8 billion, exceeding its GH¢6.8 billion target by GH¢4 billion. The GRA is focused on addressing weaknesses in its collection processes, including addressing outstanding balances owed by public institutions.",
  "summary": "By Ashiadey Dotse The Ghana Revenue Authority (GRA) has exceeded its revenue target for the first nine months of 2026 by GH¢1.4 billion, despite recording a shortfall in Value Added Tax (VAT) collections. The Commissioner-General of the GRA, Anthony Kwasi Sarpong on Tuesday, October 14, 2026, said the Authority collected GH¢167 billion by the end […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}