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GRA Chases Landlords for Rent Tax

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The Ghana Revenue Authority (GRA) has said it is keenly monitoring the payment of rental income tax across the country, and will soon take action against defaulting landlords and property owners.

Despite high payment compliance, the general perception has it that the tax authority has left the sector untapped.

“When it comes to rent-income tax, there is a project that is raking in lots of revenue for GRA by the use of geospatial data – a software being used by the authority in collaboration with the various district assemblies to collect rent income tax,” Isaac Kwabena Amoako, Head-Project Management Unit of the GRA told the B&FT.

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“We assure the public that those who are evading this tax will soon be contacted to render an account, with the necessary sanctions,” he added.

He said collection of the tax has been automated since 2020, with various district assemblies contacting property owners in their districts to ensure payment. Amoako said, like any other system, there are people who may contravene; but emphasised that the GRA is determined to ensure 100 percent compliance in the rent sub-sector.

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On responsiveness, he noted that when the assemblies take digital records of the properties in their jurisdictions, then through the geospatial data software GRA is able to know whether the said property is being rented or not, adding: “This process has raked in massive revenue since 2020”.

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