Government prioritizes tax compliance to boost revenue – Abena Osei-Asare”
Minister of State at the Finance Ministry, Abena Osei-Asare, has affirmed the government's commitment to improving tax compliance and reducing inefficiencies within the country's tax system. Speaking at the 12th Annual International Tax Conference organized by the Chartered Institute of Taxation, she highlighted the government's focus on enhancing the collection of Value Added Tax (VAT) and excise duties as key revenue measures. Abena Osei-Asare emphasized that these efforts align with the Medium-Term Revenue Strategy outlined by the Finance Ministry. Responding to reports about a potential reintroduction of the 15 percent VAT on electricity if disinflation trends persist, she stated, "We...