GRA &NLA Team Up For Revenue Mobilization, Job Creation

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The Ghana Revenue Authority (GRA) and National Lottery Authority (NLA), have signed a Memorandum of Understanding (MoU) in pursuant to Section 5 of the Revenue Administration Act, 2016(Act 915), aimed at improving revenue mobilization for the Consolidated Fund and national development.

This collaboration between GRA and NLA, will be beneficial to both parties and the Central Government by increasing visibility, availability and accessibility of GRA and NLA services across the country, mainly through the platform of NLA-Private Sector led Solar-powered E-Kiosks.

The arrangement, will lead to training programmes aimed at developing and empowering Nation Builders Corps (NABCO) recruits, as well as ensure the deployment and monitoring of the NABCO beneficiaries to undertake TIN Registration exercises in order to broaden the tax base.

It will also ensure the implementation of Voluntary Tax Compliance, especially in the informal sector of the economy.

It will ensure a collective use of E-Kiosks and lottery to enhance VAT Penetration across the country.

The solar-powered E-Kiosks, would also be used for registration of new taxpayers, receive completion of tax returns and ensure verification of tax clearance certificate.

Additionally, the GRA and NLA collaboration, will help to promote and strengthen the provision of digital services and the overall digitalization of the Ghanaian Economy.

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Moreover, the collaboration between GRA and NLA, will help to maximize revenue mobilization and create unprecedented jobs in Ghana, especially for the Youth.

According to information from the Public Relations Unit of the NLA, both GRA and NLA, are mandated by Acts of Parliament to mobilize revenue for Government towards national development.

NLA established under Act 722, is the sole body responsible for the regulation, supervision, conduct and management of lotto and lotteries in Ghana whereas GRA established under Act 791 as a semi-autonomous body  is responsible for collecting, assessing and accounting for tax revenues.

The MoU between GRA and NLA, would help to create enabling environment for the realization of President Akufo-Addo’s vision of Ghana Beyond Aid Agenda.

The agreement will equally propel the Country into a Cashlite Society, the NLA Public Relations Unit, said.

 

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