IRS organises tax campaign (7/5/09)

THE Internal Revenue Service (IRS) has organised a tax campaign as part of its Revenue week celebration to sensitise owners of businesses on their tax obligations.
The campaign was also to collect revenue from the informal sector.
The campaign took place at the Tema Community Market, Madina Market and the Makola Market.
The Revenue Week celebration which began on Monday April 27, 2009 was on the theme “Enhancing tax Compliance: The responsibility of the income earning property owner”.
Activities for the week-long celebration included a forum on tax, seminar for religious bodies and other media activities.
The Chief Inspector of Taxes of the Tema Main District branch of the IRS, Mr Stephen Yaw Boateng, said the voluntary compliance of tax payers was low in the district.
He said the branch faced challenges such as inadequate logistics and manpower which made revenue collection difficult.
He stated that the informal sector was a difficult group to deal with in terms of revenue collection, stressing that the company would embark on such exercises regularly to collect revenue from people at market places, shops and others.
Mr Boateng therefore appealed to the public to honour their quarterly tax obligations to help in the provision of social amenities and infrastructure for the development of the country.