{"id":339844,"date":"2017-07-27T08:39:12","date_gmt":"2017-07-27T08:39:12","guid":{"rendered":"http:\/\/citifmonline.com\/?p=339844"},"modified":"2017-07-27T08:39:12","modified_gmt":"2017-07-27T08:39:12","slug":"businesses-push-for-an-overhaul-of-port-clearance-processes","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/07\/businesses-push-for-an-overhaul-of-port-clearance-processes\/","title":{"rendered":"Businesses push for an overhaul of port clearance processes"},"content":{"rendered":"
Importers and business associations are demanding an overhaul of the revenue collection systems at the various ports in the country.<\/p>\n
They argue that they are over burdened with taxes which impede the efficient revenue collection and general activities at the ports.<\/p>\n
The business operators have also threatened to boycott business related activities at the ports altogether if more practical methods are not applied in running the revenue collection system at the port.<\/p>\n
Speaking to\u00a0Citi Business News<\/strong>\u00a0on the matter, Executive Member of the Ghana Union Traders Association (GUTA), Benjamin Yeboah also said taxes must be reduced to ease the burden they are currently facing as well as achieve tax compliance.<\/p>\n \u201cTaking the 3% VAT Flat rate into consideration, what brought about the whole thing was just compliance; if you want people to comply you have to create the system such that they will comply. If you are charging fifty percent plus on CI value, you don\u2019t get compliance and that is where the problem lies. Let\u2019s look at the taxes, let\u2019s look at levies and charges and how we can reduce them it will help compliance,\u201d<\/em>\u00a0he stressed.<\/p>\n