Revenue Administration (Amendment) Act, 2022 (Act 1086): Difference between revisions

Latest revision as of 15:36, 7 March 2026

ARRANGEMENT OF SECTIONS

1. Section 33A inserted

2. Second Schedule to Act 915 amended

3. Third Schedule to Act 915 amended

PURPOSE

AN ACT to amend the Revenue Administration Act, 2016 (Act 915) to provide for the Commissioner-General to establish a monitoring mechanism to determine or verify the actual revenue collected by a taxpayer, to introduce the requirement for a tax clearance certificate, to provide for returns in respect of the realisation of an asset or a liability and for related matters

DATE OF ASSENT

29th December, 2022.

ACT

1. Section 33A inserted

The Revenue Administration Act, 2016 (Act 915) referred to in this Act as the "principal enactment" is amended by the insertion after section 33, of

"Access to physical network node

33A.(1) For the purposes of a tax law,

(a) the Commissioner-General may establish a monitoring mechanism to verify the actual revenue that accrues to a taxpayer for the purpose of computing taxes due under this Act; and

(b) a person shall provide the Commissioner-General or an authorised tax officer with physical access to the physical network node or infrastructure or system of that person at an equivalent point in the network or infrastructure or system where the system of the taxpayer is connected.

(2) A person who refuses to provide the Commissioner-General or a tax officer with physical access to the physical network node or infrastructure or system of that person as specified in paragraph (b) of subsection (I) is, in addition to the penalty provided in section 78, liable to pay to the Authority a penalty of five percent of the annual gross revenue of that person.

(3) This section has effect despite a provision in an enactment relating to confidentiality, privilege or the public interest with respect to the production of, or access to, a document.".

2. Second Schedule to Act 915 amended

The principal enactment is amended in the Second Schedule by the substitution for paragraph (a), of

"(a) in relation to income tax

(i) a return of income filed under section 39A of the Income Tax Act, 2015 (Act 896);

(ii) a return of income filed under section 124 of the Income Tax Act, 2015 (Act 896); and

(iii) a statement of tax withheld filed under section 117 of the Income Tax Act, 2015 (Act 896);".

3. Third Schedule to Act 915 amended

The principal enactment is amended in the Third Schedule by the deletion of the fifth row.

@@ Line 17: / Line 17: @@
 '''"Access to physical network node'''
-:33A. (1) For the purposes of a tax law,
+:33A.(1) For the purposes of a tax law,
 :::(a) the Commissioner-General may establish a monitoring mechanism to verify the actual revenue that accrues to a taxpayer for the purpose of computing taxes due under this Act; and
@@ Line 27: / Line 28: @@
 ===='''2. Second Schedule to Act 915 amended'''====
-The Ministries, Departments, and Agencies listed in the first column of the Second Schedule may retain and use an amount of Ten Billion, Six Hundred and Twenty-Seven Million, Six Hundred and Fifteen Thousand, Two Hundred and Sixty-Eight Ghana Cedis '''(GH¢10,627,615,268)''' indicated in the second column of the Second Schedule being a part of the total amount specified in section 1 during the financial year commencing on the 1st day of January, 2023 and ending on the 3pt day of December, 2023.
+The principal enactment is amended in the Second Schedule by the substitution for paragraph (a), of
-===='''3. Payment of money on authorisation of Minister responsible for Finance'''====
-The Controller and Accountant-General may, on a warrant issued on the authority of the Minister responsible for Finance, pay out of the Consolidated Fund and other public funds during the financial year ending on the 31st day of December, 2023 any sum not exceeding the sum of Two Hundred and Twenty-Seven Billion, Seven Hundred and Twenty-One Million,
-One Hundred and Eighty-Two Thousand, Nine Hundred and Fifty-Eight Ghana Cedis (GH¢227,721,182,958) referred to in section 1.
-===='''4. Repeal'''====
-The Appropriation (No. 2) Act, 2021 (Act 1074) is repealed.
-===='''5. Commencement'''====
-This Act shall come into force on the 1st day of January, 2023.
-==SCHEDULES==
+:"(a) in relation to income tax
+::(i) a return of income filed under section 39A of the Income Tax Act, 2015 (Act 896);
+::(ii) a return of income filed under section 124 of the Income Tax Act, 2015 (Act 896); and
+::(iii) a statement of tax withheld filed under section 117 of the Income Tax Act, 2015 (Act 896);".
-You can see all schedules to the Act at https://mofep.gov.gh/publications/budget-statements
+===='''3. Third Schedule to Act 915 amended'''====
+The principal enactment is amended in the Third Schedule by the deletion of the fifth row.