Business

According to the  AG’s report, 28 OMCs owe GRA more than GH402 million.

The amount shows a failure by the GRA to make scheduled payments.

The audit also revealed that between January 2021 and December 2021, 17 OMCs failed to pay taxes and duties on approximately 29,995,530 liters of oil lifted to the Ghana Revenue Authority’s Customs Division, amounting to GH249,800,802.28.

According to the report, the Commissioner should take legal action to pursue the OMCs in question for the unpaid sum of GH 402,049,571.70.

Additionally, it instructed the Commissioner of the GRA Customs Division to immediately recover the whole sum of GH249,800,802.28 from the 17 OMCs.

According to the report, 6,856 businesses, organizations, and people owe GH111,652,263.00 in corporate and individual income taxes between 2019 and 2021.

The report stated that Pay As You Earn (PAYE) withheld on behalf of 3,121 workers, including 346 directors, totaling GH32,071,516.00, was not forwarded to the Commissioner General for the 2019–2020 and 2021 assessment years.

“Our audit revealed that 811 companies who filed tax returns for the 2019 tax year, 2020 tax year, and 2021 tax year did not withhold taxes on products and services purchased totaling to GH43,471,511.50,” it added.

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