Gambia Revenue Authority (GRA) Tuesday commenced a massive regional taxpayers
seminar for traditional rulers and business community in their quest to ensure
effective tax compliance.
Presiding over the official opening of the seminar at the West Coast Region governor’s office, GRA Commissioner General Yankuba Darboe said the sensitisation is part of their attempts to educate the general public on taxes they administer. He said the event is special in many aspects given that the forum brings together regional authorities and the business community on one platform, saying their participation could significantly enhance tax compliance at local level.
Mr. Darboe praised the regional governor whom he described as a knowledgeable tax professional and as a former Commissioner of domestic taxes and Commissioner General of GRA
He also explained that the purpose of the seminar was to sensitise, educate and share experience with taxpayers and the business community on the existing revenue laws and their rights and obligations as taxpayers.
According to Mr. Darboe, the seminar is part of series of programmes being undertaken by the Authority with key stakeholders in the country in order to deepen their understanding of the various tax types. He said the seminar is also intended to discuss and clarify the challenges faced in the process of collecting tax revenues.
The GRA boss said in January 2018, GRA in collaboration with the Ministry of Finance conducted some reforms aimed at revising tax rates in some key revenue lines, which included rental income tax, corporate income tax, employment tax and individual income tax. He disclosed that duty rates on rice were also reduced from 10 to 0 percent.
Governor of West Coast Region Bakary Sanyang expressed delight at hosting the meeting, saying it will go a long way in sensitising the business community and district authorities on the significance of paying tax on time.
He explained that taxes paid returns to the taxpayers in the form of development projects and programmes. He challenged the people to be voluntarily paying their taxes, which, he said is key in national development.