No Tin, don’t accept guys proposals – Ken Ofori-Atta cautions ladies


Ken Ofori-Atta
Ken Ofori-Atta

Ghanaian economist, co-founder of Databank in Ghana who is also the Minister of Finance, Ken Ofori-Atta has cautioned Ghanaian ladies not to accept proposals from guys.

In a one on one conversation with friends at a meeting held last week, Mr Ken Ofori-Atta jokingly mentioned that, in other for Government to generate more money for the development of the country which Government is more concerned about, it has to find ever loop to take money from the people.

In other reports, we are told that, beginning from the next academic year in September 2019, parents and guardians will now have to show proof of their tax identification numbers (TINs) before their children and wards can be allowed to benefit from the free senior high school (SHS) programme.

The move by the Ministry of Finance is to ensure that people are tax compliant before they are allowed to benefit from government-sponsored social intervention programmes and policies.

It is also aimed at ensuring that all Ghanaians obtain TINs to give the government a proper and comprehensive view of people’s earnings for the purposes of tax administration and collection.

TIN

The TIN is a unique 11-digit number that is a requirement under the Revenue Administration Act (RAA) 2016 (Act 915).
Obtaining a TIN is a requirement for any taxpayer to transact business with ease.

Although the law was passed two years ago, its implementation took off in July this year. Since then, it has become mandatory for people to obtain TINs before they are served at the Passport Office, the banks, courts, ports, the Lands Commission, the Driver and Vehicle Licensing Authority (DVLA), the Registrar-General’s Department and other state agencies.

Revenue shortfalls

It is the expectation of the Ministry of Finance that increased generation of TINs will translate into increased revenue to make up for any revenue shortfalls.

In the first nine months of this year, revenue outturns fell below target by 9.5 per cent to GH¢31.7 billion.


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