Spare parts dealers issue ultimatum to Gov’t over tax compliance

The Abossey Okai Spare Parts Dealers’ Association in Ghana has issued a stern ultimatum to the government and the Ghana Revenue Authority (GRA) regarding recent measures aimed at tax compliance and invigilation exercises. The group accuses the authorities of intimidation and disrespect towards their association.

Takyi Addo, the Head of Communications for the association, expressed their grievances, emphasizing the association’s commitment to abiding by the law. He stated, “We are giving the government two weeks to engage with the Ghana Revenue Authority, or else we will close our shops. Why should they be coming to sit at shops in the name of tax compliance?”

The General Secretary of the association, Gifty Naana Fianu, pointed out that the tax burden on their businesses has become excessive and is adversely affecting their livelihoods. “The taxes are too much, and I think we need to look at it. Why we are doing this is to help save our businesses, so the government should do something about it,” she noted.

The association on Monday briefly shut down their shops for an hour as a symbolic protest, with a warning of more significant actions to follow if their concerns are not addressed promptly.

This ultimatum underscores the need for a balanced approach to tax policy in Ghana, where the imperative of revenue generation must be weighed against the concerns of businesses to ensure economic stability and growth.

Source: norvanreports