Hot!
Granting amnesty won’t improve challenges in tax collection – Economist
John Gatsi, a Professor of Economics at the University of Cape Coast (UCC), is sceptical about the proposed tax amnesty by Vice President Dr. Mahamudu Bawumia.
He believes that this measure will neither enhance tax payments nor address the challenges associated with tax payment.
Dr. Bawumia, the flagbearer of the New Patriotic Party, has promised to introduce a tax amnesty and a simple, citizen- and business-friendly flat tax regime if elected president.
During his address at the University of Professional Studies, Accra, he outlined his vision for a new tax regime.
This would involve a flat tax based on a percentage of income for individuals and Small and Medium Enterprises (SMEs), which make up 98% of all businesses in Ghana.
The proposed system includes appropriate exemption thresholds to protect the poor and promises a simplified corporate tax system and VAT regime.
However, Professor Gatsi argues that this measure does not address the primary challenge of tax collection in the country.
He identifies the main issue as a lack of commitment from citizens to voluntarily pay taxes, as they perceive no direct benefits.
In an interview with Umaru Sanda Amadu on Eyewitness News, Professor Gatsi suggested that the country should focus on enhancing public services.
He believes that this would motivate people to pay their taxes.
“Even if you give everybody tax amnesty for which everybody should start afresh, that will not bring about any change because that is not the main problem of tax collection in the country.”
“The main problem is that people are not committed to the payment of taxes if they are supposed to voluntarily declare to pay taxes because it does not commensurate with the provision of public infrastructure for the people. Public transport is not the best. Access to public services is not the best for most people in Ghana, therefore they don’t see why they should be paying taxes.Those are the issues that should be addressed,” he said.
Source: Citinewsroom.com
Hot!
NHIA set to boost its cybersecurity and IT Infrastructure
The National Health Insurance Authority (NHIA), in partnership with a leading private cybersecurity solutions provider in Ghana, CyberHawk Limited, is advancing the Authority’s digital infrastructure to ensure seamless operations.
This is to safeguard the Authority’s digital technologies and maintain the trust of active members of the National Health Insurance Scheme (NHIS).
In this context, the NHIA Management Information System (MIS) Directorate in the Head Office, on February 11, 2024, launched a three-day brainstorming session on the organization’s cybersecurity enhancement agenda.
The MIS Directorate Ag. Director, Mr. Daniel Blankson explained that the collaborative meeting aimed to scrutinize the NHIA’s Information Technology architecture, identifying potential risks and gapsto enhance its cybersecurity posture.
“By leveraging CyberHawk Limited’s expertise, the NHIA seeks to fortify its defenses against cyber threats, protecting sensitive information and maintaining the trust of its members.”
Mr. Blankson applauded the synergy between the two organizations and underscored the Authority’s commitment to embracing cutting-edge technologies and innovative solutions to drive its mission forward.
The Head of Information Security and Standards Unit, in the MIS Directorate, Mr. Ebenezer Hooper, highlighted the Authority’s significant milestone on the digital transformation journey.
According to him, the NHIA is actively engaged in fully adopting and implementing modern digital systems to improve its operations.
He said, “The three-day brainstorming meeting will culminate in the development of a robust IT infrastructure, as well as strategic plans to translate security implementations into tangible IT cost savings for the organization.”
“There is the need to form a steering committee or IT advisory committee, operated under the Board, so that they can pay more attention in protecting the huge IT investment while ensuring cyber security-related policies are well protected,” he added.
The Project Manager of CyberHawk Limited, Mr. Chetan Narayana Murthy, lauded the collaboration and anticipated that it would empower the NHIA to implement comprehensive cybersecurity measures.
According to him, “This is a huge project that will greatly benefit the NHIA by implementing robust cybersecurity measures, safeguarding their systems, and ultimately protecting the sensitive information of NHIA members and healthcare providers.”
A Senior Manager of IT infrastructure, Mr. David Asare Addo, and his colleague, a Senior Manager of Applications, Mr. Enock Afanyi, with the MIS Directorate, gave an overview of the NHIA’s current technological landscape.
Present at the meeting were representatives from the Claims, Membership and Regional Operations (MRO), Research, Policy, Monitoring, and Evaluation (RPME), Corporate Affairs, the Audit, Administration, and Human Resource Directorates.
Story By : Vivian Arthur
Hot!
Swedru All Blacks back to winning ways, Roshan humble King Faisal
Sekondi Rospak FC made it eight wins in eight successive home games after three second-half goals from John Amoah, Joseph Ntow and Stephen Anthony Kofi. John Amoah opened the scoring in the 55th minute after a barren first half. Joseph Ntow added to the tally in the 56th minute before Stephen Anthony Kofi rounded things up in the 74th minute to give Rospak a 3-0 win over former Premier League side King Faisal.
Elsewhere at Swedru – leaders Swedru All Blacks humbled PAC Academy in an emphatic 2-0 win. Zayat Bubakari scored first for Swedru All Blacks in the 27th minute before Rudolf Junior Nana Kwasi Mensah made it 2-0 in the 34th minute. Swedru All Blacks are top of the table with 36 points – 4 points ahead of second placed Rospak FC.
Meanwhile, Former Premier League side Cape Coast Mysterious Dwarfs recorded their fourth successive home victory after beaten New Edubiase United 2-1 at the Robert Mensah Park. Enoch Odoom struck first for Cape Coast Mysterious Dwarfs in the 19th minute but Steven Asante equalized for New Edubiase United before halftime. After the interval, Godfred Eshun scored from distance in the 65th minute to help Cape Coast Mysterious Dwarfs secure all the points.
Here are the results in Zone Two
