Saturday, 07 December

GHS7,327,771 tax revenue un-lodged – A-G's report

The Auditor-General’s report for 2017 has found that returns submitted by the district tax offices of the Ghana Revenue Authority (GRA) and their respective bank statements showed that 23 district tax offices “failed to lodge in full with the commercial banks, their monthly tax collections, resulting in total un-lodged revenue of GHS7,327,771” as of 31 December 2017.

To mitigate the risk of abusing of revenue collected, the A-G’s report urged the Commissioner-General of GRA to ensure strict compliance with the law by exercising strong oversight on his monitoring team.

The Report of the Auditor-General on the Public Accounts of Ghana (Consolidated Fund) for the financial year ended 31 December 2017 was prepared under Section 11 of the Audit Service Act, 2000 for presentation to Parliament in accordance with Section 20 of the Act.

In accordance with Article 187(5) of the Constitution of the Republic of Ghana and Section 23(1) of the Audit Service Act 2000 (Act, 584), the Auditor-General, Mr Daniel Domelevo, said in the report: “I have the honour to present my report on the Public Accounts of Ghana for the year ended 31 December 2017 to be laid before Parliament”.

The Controller and Accountant-General (CAG) is mandated under Section 81(1) of the Public Financial Management Act, 2016 (Act 921), to prepare and submit to the Minister and the Auditor-General, within three months after the end of the financial year, the following consolidated annual accounts of Government: the consolidated annual accounts of Government including the accounts specified in the Schedule; the accounts of the Contingency Fund; and the accounts of the Petroleum Funds.

Source: Ghana/

Source: Patrick Ayumu