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IRS introduces income tax software for taxpayers
Ghana News Agency , 20/11/2009

The Internal Revenue Service (IRS), has introduced am income tax software to assist taxpayers to properly file correct monthly income tax returns, Mr James Kwaku Nyantakyi, the acting Western Regional Director of the Service on Thursday announced.
   

 He was speaking at a one-day workshop on the application of the software, which was dubbed: "IRS Tax Helper" for representatives of medium and small enterprises at Takoradi.
   

Mr Nyantakyi said the software was developed because returns submitted by taxpayers were often wrongly calculated as a result of the use of wrong tax rates and totals were inaccurate.
   

He said some taxpayers had difficulty in completing income tax returns forms and this caused delays in the filing of returns.
   

Mr Nyantakyi said on the whole, the software would enhance efficiency in their business processes to enable them pay a fair and equitable tax for the development of the country.
   

He said it would enhance revenue administration through Information and Communication Technology (ICT) when the IRS was integrated into the Ghana Revenue Authority (GRA) as was announced in the 2010 budget.
   

He said the software would also help tax administrators to control the processes and machinery in optimizing revenue from the income tax, increase quality of service to taxpayers by reducing the time of processing the returns and help businesses to file returns on time to avoid penalties for late submission and payment of taxes.
   

Mr Nyantakyi said the software had been developed with support from development partners as part of the Public Sector Development Strategy (PSDS) and launched by the government to provide support to IRS and other public institutions to achieve sustainable and widespread private sector led growth throughout the country.
   

Eighteen government Ministries, Departments and Agencies which activities impact on the growth of the private sector have been identified to use the software, support them to implement favourable investment reforms and to enable them to provide more efficient services to the private sector.


 

 

 

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