The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Sarpong, has stated that the revenue targets set for his outfit for 2025 will be exceeded.
According to him, the GRA has identified various sectors within the tax net to target in order to increase domestic revenue.
He expressed optimism about surpassing the target and expanding the country’s tax base.
Speaking to journalists on the sidelines of the KPMG Post-Budget Forum on March 13, 2025, he said, “We are more than confident; we believe that we will exceed the target. The minister has signaled in the budget statement that other government funding sources are closing up, and one of the surest ways to improve domestic revenue is through taxation. We are committed not just to meeting the target but to exceeding it.”
The GRA boss also highlighted the e-commerce sector as a significant avenue for revenue mobilization.
He noted that the GRA has identified substantial potential in the sector and intends to explore it further to generate more revenue.
Sarpong was however quick to add that online businesses must be prepared to pay their fair share of taxes.
“If you look at the e-commerce sector, GRA already started this initiative two years ago, so we will deepen our efforts and expand our reach. We have conducted pilot projects over the last two years and have seen the potential. In 2024, revenue from this sector doubled compared to 2023. This demonstrates that there are huge opportunities, and we need to focus our attention there—ensuring that those already within the tax net pay their rightful taxes while bringing those outside the net into compliance,” he explained.
Presenting the 2025 budget in Parliament on March 11, 2025, the Minister of Finance, Dr. Cassiel Ato Forson, stated that one of the government’s key fiscal policy objectives is to optimize domestic revenue mobilisation.
This will be achieved through broadening the tax base, increasing non-tax revenue collection, adopting enhanced tax compliance measures, and modernizing tax administration through digital technology.
SSD/MA