Skip to main content

Property rate platform to begin operation by end of March – GRA

 


Commissioner General of the Ghana Revenue Authority, Reverend Dr. Ammishaddai Owusu-Amoah, says the common platform for the collection of property tax rates in the country will be fully operational by March ending.

The common platform would centralise the collection of property tax rates with the GRA out of the hands of the Metropolitan, Municipal and District Authorities who had failed to effectively collect property tax rates to finance their activities.

According to Governance Watch, the new regime would ensure that only 30% of property rates collected by the service provider through the common platform will be remitted to the assemblies.

The remaining 70% will be shared among the Ghana Revenue Authority, the Finance Ministry and the service provider.

Speaking on the common platform on JoyNews’ Business Edition, Dr. Owusu-Amoah explained that the platform will be in full throttle by the end of the month and would help introduce efficiency into property rate collection.

In terms of all the works that needs to be done have been done and we’re expecting that the full – in fact we started some announcement in the papers – we’re expecting that a full takeover will be from the end of this month, I mean, this month going the full implementation,” he said.

So far, “what we have done is that there are a number of properties that we have already raised their assessment, we have introduced a common platform that is a system that allows you to be able to populate all the properties in there.”

He said when the platform is fully functional, property owners are being encouraged to go update their records with any additional properties they may have, “and then within that system we are able to generate your rates applicable to your property.”

He continued, “You know the rates differ from area to area, that is municipality to municipality and then we’ll be able to advise the property owners of their rate. At the same time we’re also encouraging once the platform is ready, we’re encouraging property owners to also go in and if even your applicable rate has not been generated yet, you can still even pay in advance if you so desire, and then when the rates are updated you’ll be able to get the right figure for your property rate.

So end of March is the effective date…and we’re expecting that everybody will be on board and it will be for the whole year. So we’re expecting that any payments that anybody will have to do on property rates this year must be done on the platform.”

Comments

Popular posts from this blog

Nestlé Ghana Limited Wins Overall Best Industrial Company Of The Year at 13th AGI Industry & Quality Awards

  Nestlé Ghana Limited has been honored with four prestigious awards at the 13th Association of Ghana Industry and Quality Awards ceremony. The event, held in an esteemed setting, gathered prominent figures from Ghana’s industrial sector. Amidst the anticipation, Nestlé Ghana emerged as one of the evening’s notable winners, securing accolades in several key categories. This recognition underscores Nestlé Ghana’s relentless pursuit of excellence and innovation, marking a significant milestone that highlights the company’s substantial contributions to the manufacturing industry in Ghana. Nestlé Ghana's exceptional performance was acknowledged with the following awards: Overall Best National Quality Award, Diamond Category (Food) Overall Best Practices in Sustainable Manufacturing Best Company (Food Sector) Overall Industrial Company of the Year, affirming its status as a leader not only within the food sector but also across Ghana's entire industrial landscape. This success is a ...

Anglogold Ashanti Obuasi Mine tops 2024 Sustainability & Social Investment Awards

 AngloGold Ashanti Obuasi Mine has confirmed its status as sustainability champions by sweeping nine awards, the most won by a company at the 2024 Sustainability & Social Investment Awards (SSI) held at Movenpick Ambassador Hotel in Accra. The feat comes on the heels of a dominant performance in last year's event where AngloGold Ashanti Obuasi Mine swept seven awards. The SSI Awards organised by Ianmatsun Global Services recognizes the most outstanding sustainability, Corporate Social Responsibility (CSR), Environmental, social, and governance (ESG) initiatives in the country and beyond as well as the best teams and individuals who brought them to life. This year's event, which was the 8th edition, was under the theme "Climate Action Now: Accelerating Decarbonization and Building Resilience". The awards won by AngloGold Ashanti on the night include SSI Company of the Year, Best Company in Women Empowerment (project), SSI Company of the Year ( Environment), Best Co...

Zoomlion Advocates Community & Gender inclusive waste management for Climate Action at COP 29

 Africa's waste management giant, Zoomlion Ghana Limited has advocated for an integrated approach to waste management that considers the interest of community members, women and vulnerable groups. James Deku, a Communications Officer of Zoomlion Ghana Limited made this call at the 29th session of the Conference Of Parties (COP 29) of the United Nations Framework Convention for Climate Change (UNFCCC) at Azerbaijan, Baku whiles speaking on the topic "Community-Driven and Gender Inclusive approaches to waste management for Climate Action ". He said the waste sector is a major contributor of methane emissions which is a potent greenhouse gas causing climate change hence the need to manage waste in a manner that considers the interest of all stakeholders. Zoomlion's waste management model is designed and operated in a manner that considers the interest of all stakeholders. Through a Public Private Partnership (PPP) model, local authorities engage community members in clea...