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The Gambia Income Authority (GRA) not too long ago convened a two-day discussion board, the place they uncovered college students of Gambia Lodge College to the mandates and income legal guidelines of the authority.
The occasion organised by GRA was supported by UNDP via the Ministry of Finance and Financial Affairs. The occasion held at Metzy Lodge, was additionally designed to enlighten college students on the mandates of the authority and its numerous tax programs.
On the occasion, Ousman Bah, head of Company Affairs at GRA, on behalf of the Commissioner Normal, reminded that earlier than the corona virus, the resort trade was amongst the highest industries producing a big quantity of income to the Authority, significantly Worth Added Tax (VAT).
Nevertheless, he harassed that, in the present day the trade has suffered a big drop each within the variety of vacationer arrivals and income within the nation.
“With the aforementioned, it will be important that college students and likewise future staff of the resort trade are uncovered to the basics of taxation, taxpayer’s obligations and rights which is vital to income mobilization and compliance administration.”
The seminar, he added, is a part of the authority’s 2020-2024 strategic plan and purpose two, which he stated, is to optimise shopper service supply for improved buyer relations.
“In easy phrases, it’s also meant to have interaction, educate and sensitise all stakeholders to reinforce their understanding in regards to the significance of tax income and its contribution to the nationwide improvement programmes.”
Bah reminded that GRA launched the Taxpayers Constitution in April 2022, which defines taxpayer’s rights and obligations beneath the Revenue & VAT Tax Act (2012), Customs and Excise Act (2010) and different income legal guidelines administered by the authority.
“It additionally specifies the Authority’s authorized obligations beneath these legal guidelines and bringing in transparency into the tax service which promotes tax compliance. Through the deliberations on this Seminar, the facilitators will enlighten you extra on the Constitution to deepen your understanding.”
For his half, Momodou Singhateh, deputy Director Normal of the Gambia Lodge College, stated he’s delighted for his establishment to be related to such an vital occasion, the place they might be uncovered to vital info surrounding income legal guidelines within the nation.
“I need to take this chance to thank the administration of the Gambia Income Authority and their collaborative accomplice the Ministry Finance and Financial Affairs for arising with this laudable initiative that intends and has amongst its aims the necessity to sensitise this establishment on tax fee.”
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