
The Value Added Tax (VAT) Service in Kumasi is turning to the hospitality industry to enforce tax compliance.
According to Head of the Suame VAT Agency, most hotel and restaurant operators in the catchment are either not issuing VAT invoices or refusing to file returns.
Akosua Adu Boateng says the service is engaging over 100 operators to share information on adequate record keeping, tax responsibilities and rights.
She tells Luv Fm one way to improve compliance is to insist that hoteliers maintain a good 'Lodgers Register', provided by the Ghana Tourist Board.
“If you take away our key tax payers, the next area that we need to groom and nurture is the hotel and restaurant operators. The Tourist Board Register has details of every client or customer that lodges at the hotel; name, number of days to be spent at the hotel and the rate of the room. These are the things that we need to do a very good verification”, Mrs. Adu Boateng noted.
She also entreats businesses to make purchases from VAT registered traders in order to benefit from packages like the 'deductable input'.
Story by Kofi Adu Domfeh



Halt proposed VALCO sale — ICU-Ghana tells Mahama
Security beef up at Krobo College of Nursing and Midwifery during students prote...
EOCO probe: IMCC insists forensic audit findings implicated Miracles Aboagye
NDC rules out deadline extension for govt appointees seeking party positions
80 to 90% of the people you saw wearing red protesting were not VALCO workers — ...
Here are areas to be affected by ECG's planned maintenance on Tuesday
NDC supporters mass at Kasoa Police Station after arrest of Zongo Ward Organiser
Police arrest 93 suspected drug traffickers in Major Ashanti Region crackdown
Chief Justice directs all courts to suspend sittings for Supreme Court 150th ann...
63% Ghanaians support establishment of tribunals – Global InfoAnalytics poll