Posted 1/28/2024, 11:17:12 PM
GRA Exceeds 2023 Tax Revenue Target by Over GH¢3 Billion, Logs Highest Growth in Over 20 Years
- GRA collected GH¢113.06 billion in 2023, exceeding revised target of GH¢109.19 billion
- Represents 49.3% year-on-year growth, highest in over 20 years
- Domestic tax revenue grew 54%, international trade revenue grew 38.2%
- Revenue growth attributed to recovering overdue payments, corporate income tax from banks, fieldwork collecting taxes from micro businesses
- Commissioner thanked staff, taxpayers, stakeholders and appealed for more eligible individuals and businesses to pay taxes