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    Home»News»GRA Reports Revenue Growth Despite Scrapping Key Taxes
    News

    GRA Reports Revenue Growth Despite Scrapping Key Taxes

    MGD NewsBy MGD NewsApril 7, 2026No Comments1 Min Read
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    The Ghana Revenue Authority (GRA) has dismissed concerns about potential revenue losses following the removal of the E-Levy, COVID-19 levy, and betting tax, reporting stronger-than-expected collections in early 2026.

    Speaking at a forum organised by the Centre for Policy Scrutiny, Technical Advisor to the Commissioner-General of the GRA, Elsie Appau Klu, explained that although the tax cuts were initially viewed as a setback, the outcome has been more positive than anticipated.

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    She acknowledged that the removal of the taxes was expected to create pressure on revenue generation but noted that performance in the first quarter tells a different story.

    According to her, the GRA recorded a 20% increase in revenue, collecting GH¢33.7 billion in the first quarter of 2026 compared to the same period last year.

    The update comes after tax analyst Isaac Danso Agyiri presented a paper advocating for the reintroduction of the abolished taxes, suggesting they could generate up to GH¢18 billion by 2027 to support domestic revenue mobilization.

    Despite such proposals, the GRA’s latest figures indicate a resilient revenue performance even without the scrapped taxes.

    Source: citinews

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