[ 2011-04-12 ]

Expand Tax Net to rope in defaulters-TDCL
The Tema District Council of Labour (TFCL) has
appealed to the government to devise workable
strategies to expand the tax net.

This, the Council's said, would help rope in
self-styled businessmen and women as well as other
tax defaulters.

This was contained in a resolution passed by
members of the Council at their general meeting
and signed by Mr Wilson Agana and Mr Ebenezer
Kodwo Taylor, Chairman and Secretary
respectively.

The TDCL suggested that the tax threshold on
salaries must go with the annual budget and must
be reviewed to take effect every January.

The Council urged the Tripartite Committee to
re-convene to review the tax threshold on incomes
and salaries.

The TDCL's resolve stemmed from some observations
that the new tax threshold, which only covered the
minimum wage, was woefully inadequate as its
effect on the incomes of the working class was
insignificant.

It further said the tax bands were too close, thus
rendering any upward adjustments of the tax
threshold ineffective.

The Council said the government had over the years
failed and shirked its responsibility to expand
the tax net to cover the business community in the
informal sector who earned far higher incomes than
workers in the formal sector.

He said incomes of workers in the formal sector
were overburdened with taxes, that is, first
through the direct tax system, and additionally,
indirectly through the numerous bills,
commodities, goods and services consumed by
workers.

Source - GNA

... go Back