Skip to main content

Hawking and Taxes

Bobie-Ansah, Public Relations and Tax Education officer at the Internal Revenue Service says it is mandatory for all hawkers in Ghana to pay taxes to Government to help provide infrastructure, education and other services beneficial to all Ghanaians.

He said this in an interview on hawking in Ghana and whether hawkers pay taxes. Explaining further, he said since all income earners in Ghana needed to pay taxes according to Internal Revenue Act, 2000 (Act 592), there was the need for hawkers to also add theirs to the national kitty. However several attempts were made by the agency to get hawkers to pay but it proved futile due to the fact that hawkers were not static but moved from place to place. He added that there were also few tax officers in

In a bid to overcome this problem, the IRS introduced the Tax Stamp in February 2005 as a revenue generation method. According to him this system allows for easy identification of small-scale self-employed persons in the informal sector like people operating in kiosks, on table tops, hawkers, identifiable groups such as hair dressers, dressmakers, tailors, butchers and artisans such as masons and welders.

Under the Tax Stamp system, business operators are grouped according to business type and volume from GH¢3 to GH¢15. With respect to hawkers he noted that since hawking did not yield much profit it was put in the GH¢3-GH¢5 category.

This system entails these small and medium scales and self employed people to purchase a tax stamp which is a sticker and a receipt quarterly. This stamp is purchased with respect to the quantum or volume of income or the level of profit acquired. A hawker has to keep this stamp during his or her day to day activities since tax officers were on day to day or routine checks all the time. He noted that any hawker who did not produce his or her tax stamp was arrested and dealt with according to the law.

When asked on how hawkers acquire the stamp he said there were two ways of doing that. “First, a hawker can come to the tax office to get the stamp. This is what we term voluntary compliance. Another method is by purchasing it when the tax officers come round to inspect these tax stamps,” he explained.

He further urged all hawkers to pay their taxes regularly to avoid arrest and prosecution

Comments

Popular posts from this blog

2014, another year

Another year is here again and we thank God for giving This year looks promising and innocent even though I think it is impregnated with all kinds of  stories, happenings and wahala, as usual. In light of all these, I have always had hope of a better year, 2014. People always ask why I have hope that this year will be better; My answer is always this, "I don't know but I have a feeling it will be." Last year was not really good for most of us, having witnessed so many accidents, armed robberies, corruption and so many ills of society. I am however encouraged that each year comes with changes and good tidings. 2014 has been declared by the International Central Gospel Church (ICGC) as a year of Order. I pray to God that our lives will be ordered and in order. GOD bless this year 2014 and make things go well for us. Amen

Where is our Christmas?

Many things have gone by this year, some memorable, others hmmmmmm with nothing to write home about. We've seen lots of political activities this year especially with the NDC, the NPP, CPP and other political parties doing their own things. Two weeks ago, I passed by some place around Jamestown. I saw some dirty children playing in the mud and riding tin cars around. As I approached them, one asked: Do you think there will be Christmas this year?' The other who looked too busy said, 'I don't know. Lets ask this man' So they called me. Their call was so typical of an illiterate child. 'Bro... bro... do you think Christmas will come this year? I was surprised at the question and inquired why they asked. They bluntly told me looking at the politics and all the noise around they don't think this year there would be any Christmas for them. Listening to them, I remembered those good old days when our only consolation for happiness and and parties where we will che...

Converts drown during baptism

I was drawn to a funny but sad story on the internet. This happened at Kinshasa. I curled this story from the internet and it is as follows: A dozen followers of a revival church in Kinshasa drowned after they jumped into a river to be baptised, local media reported on Monday. "Curiously, several half-clothed followers never re-surfaced (after diving in). They died by drowning," Democratic Republic of Congo's Le Phare newspaper reported. The prophetess who was to perform the ceremony, Thetee Kalangangu, fled following the incident, the newspaper said, while irate residents appeared set to destroy the sect's quarters in a poor Kinshasa neighbourhood. A similar drowning-by-baptism incident occurred two years ago about 50km from the Congolese capital, according to Le Phare. - AFP Seeing this story on the web drew my attention to the way people behave during baptism. Maybe my church is different but how can you dive or jump into water when you haven't been ...