Mr. Pratt, a panelist on Metreo TV’s Good Morning Ghana on Wednesday said that according to the regulations, all tax returns must be filed by the end of March. For the President to file his tax returns on the 2nd of April and hold it out as a good example worth emulating, is wrong.
He also blamed “handlers of the President” saying that in his honest opinion they are not doing a good job handling his affairs.
“The President has a lot of people at his disposal, lawyers, professionals”. He added that they should have done background checks on every action the president takes because “as much as possible the Presidency must avoid controversy”.
The President said “I hope my symbolic gesture will help the Ghana Revenue Authority in their public education and awareness that everybody should pay their taxes”.
But according to income tax regulations, deadline for payment of taxes was March ending. Any person in default of the deadline should provide justifiable explanation in writing or pay a penalty.
Information on the website of the Ghana Revenue Authority(GRA) reads:
“Please note that failure to pay Income Tax by the due date attracts a penalty of 10% in addition to the tax unpaid”.
In the opinion of Mr Pratt, although a well-meaning symbolic gesture,the President has set a bad example.
A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morganview all posts by: Nana Kwesi Coomson
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