THE Obuasi Municipal Manager of the Internal Revenue Service (IRS), Mr A. M. A. Yakubu, has urged Ghanaians to honour their tax obligations.
According to him, since taxation was a source of revenue for governments worldwide, it was important for all to honour their social responsibility to enable the government to generate enough revenue for national development.
Mr Yakubu, who made the appeal announced that the IRS had targeted to collect GH¢3.5 million in the Obuasi Municipality this financial year, but added that the workers at the Obuasi office had resolved to raise the target to GH¢ 4.4 million.
On the performance of the IRS in the municipality, he indicated that in 2007, the service managed to collect GH¢2,257,382.41, against a target of GH¢1,776,261.56, representing an increase of GH¢481,120.85 or 27 per cent.
He said the service managed to bag GH¢ 2,798,773 last year, against a target of GH¢2,600,000, representing an increase of GH¢198,773, or eight per cent.
According to Mr Yakubu, the IRS had dedicated its fifth “Revenue Week”, which is on the theme, “Enhancing Tax Compliance: The Responsibility of the income-earning property owner”, to property owners.
“Rent has become a huge investment in the country, and we believe if we are able to tap into the rent business, it will go a long way to increase our tax base,” he told the Daily Graphic.
He commended members of staff in the Obuasi office for their efforts, and expressed the hope that the target set for the year would be exceeded.
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