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EconomyWed, 3 Nov, 21

Gov’t to Launch National Common Platform for Property Tax Administration – Dr. Bawumia

Gov’t to Launch National Common Platform for Property Tax Administration – Dr. Bawumia

National common platform for property tax administration has been developed to improve Ghana’s property tax mobilisation and this platform is expected to be operated nationwide in 2022 under the auspices of the Ministry for Local Government and Local Development.

The Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia, disclosed this during his presentation on Ghana’s economy and the digitisation agenda of government dubbed ‘Transforming An Economy Through Digitisation: The Ghana Story’ on Tuesday, November 2nd, 2021 adding that currently only 9 percent of property owners in Ghana pays property tax.

The Vice President noted that due to the implementation of the National Identity System, the National Digital Property Address System, the Mobile Money Interoperability and the ghana.gov project, the country now has the infrastructure to implement a property tax system, disclosing that it has been worked on over the last two years among the Ministers for Local Government and Rural Development, Lands and Natural Resource with support from the Minister of Finance and the Lands Commission.

“Most property owners do not pay property taxes; many do not even receive bills to pay property taxes. Tax is paid on only 9 percent of properties in Ghana and some people who also collect taxes pockets the money. This is because we lack the key elements to implement and monitor an effective property tax regime.

“We have finally developed a national common platform for property tax administration for Ghana which will operate across all MMDAs in Ghana. The platform is integrated with the NIA database, the digital property address system and the ghana.gov platform.

“Home owners will be able to receive their property tax bills, pay their taxes and receive receipts on their mobile phone. The platform is ready and it’s expected to be implemented by the Ministry of Local Government and Rural Development in 2022,” Dr. Bawumia said.

He explained that an effective property tax regime requires that all properties are identified, asses their values, identify and maintain property owners’ database, send property tax bills to the owners and enforce the payment of the tax adding that the property tax administration common platform would address all these issues to improve Ghana’s property tax mobilisation.

The Vice President concluded that digitalisation has helped government for the first time to put in place a robust and broad-based vehicle for domestic tax collection and this he believed had eluded the country since independence.

 

Source: Issah Mohammed Bomanso

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