1. Ghanaians Urged to Embrace e-Payment as a lifestyle in 2020
  2. Ghana’s Payment System Is Challenged-Kweku Adoboli
  3. Dangers Of Large Currency Denomination Notes
  4. Bank of Ghana Introduces Higher-Denomination Banknotes and Coins
  5. Fintechs and MoMo Operators to Acquire License by June 2020-BoG
  6. GCB Bank To Issue Electronic Money
  7. Digitization Key to Formalizing Ghana’s Economy
  8. Google to Offer Checking Account
  9. Mobilemoney Interoperability Crosses GH¢90 billion
  10. Ghana to Launch a Universal QR-Code For Payments
  11. AirtelTigo Appoints New CEO
  12. Wirecard Acquires Chinese Payments Group for €109m
  13. Apple Pay Tops Mobile Payment Apps
  14. Verve Cards Launched in Ghana
  15. Ransomware Hits Billtrust
  16. The Catholic Church Launches Digital Rosary
  17. Payments Systems and Services Bill Passed
  18. GTBank Launches Virtual Cards to Promote Online Shopping
  19. MTN Ghana: “More Taxes Would Injure The Mobile Money Sector
  20. PwC Unveils New Tool For Auditing Crypto Transactions
  21. Bitcoin on Track For Best Second Quarter Price Gain
  22. Mobile Money Operators to Face Minimum Capital Requirement-Bank of Ghana
  23. Facebook Moves Towards Payments and E-commerce
  24. BoG to Enforce Rules on Cash Declaration at Kotoka International Airport
  25. India Moves to Ban Cryptocurrencies
  26. Fintech: Redefining Payments in Africa
  27. Ghana’s Tax Filing To Go Digital
  28. MTN Deepens Financial Inclusion For Women In Ghana
  29. Apple Launches a New Credit Card
  30. IT Consortium Is ISO 27001:2013 certified
  31. 8 Services You Don’t Know Exist On MTN Mobile Money
  32. Second phase of mobile money interoperability launched
  33. African Banks Must Work With Fintech Startups
Wednesday, January 29, 2020
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  1. Ghanaians Urged to Embrace e-Payment as a lifestyle in 2020
  2. Ghana’s Payment System Is Challenged-Kweku Adoboli
  3. Dangers Of Large Currency Denomination Notes
  4. Bank of Ghana Introduces Higher-Denomination Banknotes and Coins
  5. Fintechs and MoMo Operators to Acquire License by June 2020-BoG
  6. GCB Bank To Issue Electronic Money
  7. Digitization Key to Formalizing Ghana’s Economy
  8. Google to Offer Checking Account
  9. Mobilemoney Interoperability Crosses GH¢90 billion
  10. Ghana to Launch a Universal QR-Code For Payments
  11. AirtelTigo Appoints New CEO
  12. Wirecard Acquires Chinese Payments Group for €109m
  13. Apple Pay Tops Mobile Payment Apps
  14. Verve Cards Launched in Ghana
  15. Ransomware Hits Billtrust
  16. The Catholic Church Launches Digital Rosary
  17. Payments Systems and Services Bill Passed
  18. GTBank Launches Virtual Cards to Promote Online Shopping
  19. MTN Ghana: “More Taxes Would Injure The Mobile Money Sector
  20. PwC Unveils New Tool For Auditing Crypto Transactions
  21. Bitcoin on Track For Best Second Quarter Price Gain
  22. Mobile Money Operators to Face Minimum Capital Requirement-Bank of Ghana
  23. Facebook Moves Towards Payments and E-commerce
  24. BoG to Enforce Rules on Cash Declaration at Kotoka International Airport
  25. India Moves to Ban Cryptocurrencies
  26. Fintech: Redefining Payments in Africa
  27. Ghana’s Tax Filing To Go Digital
  28. MTN Deepens Financial Inclusion For Women In Ghana
  29. Apple Launches a New Credit Card
  30. IT Consortium Is ISO 27001:2013 certified
  31. 8 Services You Don’t Know Exist On MTN Mobile Money
  32. Second phase of mobile money interoperability launched
  33. African Banks Must Work With Fintech Startups

The Ghana Revenue Authority (GRA) is considering introducing Integrated Tax Application and Preparation system (iTaPS) to enhance individual annual tax filing.

It is also targetted at improving the ease of doing business, which will better position the country in the global business arena as it will significantly reduce cost and time required by taxpayers.

Commissioner-General of GRA, Emmanuel Kofi Nti, speaking at media engagement on 2019 Tax & Good Governance Week and Launch of iTaPS in Accra said: “GRA is committed to making the completion of tax returns and assessment by taxpayers in Ghana an easy and straightforward activity”.

He explained that iTaPS is an electronic (e-service) platform that allows individuals to prepare, apply for and receive GRA services.

The software, he said, seeks to assist taxpayers in keeping the records required to fulfil their tax obligations, improve Tax Administrative Diagnostic Tools (TADAT) ranking under voluntary compliance, improve the quality of tax returns submitted by taxpayers, and revenue assurance.

“iTaPS will improve on tax compliance by taxpayers and support numerous improvements on the way GRA now handles tax management and provides support to the current tax legislation it is mandated to administer.

“GRA is going High-tech, and we require the nation to comply with and support us because this will reduce cost of operations for GRA such as printing Manuel materials or documents, and bring improvement in processes and procedures,” he said.

The phase-one of iTaPS is designed purposely for filing Personal Income Tax (PIT), irrespective of the source of income – be it employment, investment or business. The platform is accessible to all individual taxpayers, both formal and informal sector workers.

Patrick Frimpong-Danso-Office of Commissioner, Domestic Tax, in a presentation stated that to ensure electronic registration onto the software, a Tax Identification Number (TIN) and any recognised Identification Card (ID) are the basic requirements for registration.

“The GRA in collaboration with the Ministry of Finance will hold the 2019 Tax and Good Governance Week celebrations on the theme ‘File your Returns; Pay your Taxes, Move Ghana Beyond Aid’.

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