28
Mar
The Ghana Revenue Authority (GRA) has clarified its enforcement measures regarding tax compliance, explaining that it only freezes the bank accounts of taxpayers who fail to cooperate after being assessed for outstanding tax obligations. The clarification follows reports circulating on social media claiming that the Authority had frozen the accounts of Richard Nii Armah Quaye, the founder of Bills Micro Credit Ltd. In a statement issued by its Communication and Public Affairs Department, the GRA stated that it follows a structured process in assessing the incomes of taxpayers. This involves requesting individuals and businesses to voluntarily declare their earnings. If…