Title: SCG - Accounting firms in Ghana| Best chartered accountants
1GRA iTaPSTax Made Digital
- INTERGRATED TAX APPLICATION PREPARATION SYSTEM
2Objectives
3Educate
4Legal Basis- sect. 26, RAA
- Commissioner may establish and operate an
electronic document system for - Electronic filing of documents
- Electronic service of documents
- Electronic payments by persons
- Issuance of TCC by electronic means
Prescribe rules for Registration of persons required to participate in e-document system Types of documents to be transmitted through the e-document system Resolution of difficulties Secrecy to be maintained by users Accessibility of e- tax clearance certificates to the public bodies e.g. Lands Commission, GRA (Customs Division), Government agencies etc.
5What is iTaPS?integrated Tax Application and
Preparation Systeme-services platformenable
taxpayers Prepare, Apply and ReceiveGRA services
online
6Why iTaPs?
7Overview of iTaPs (Phase 1)
Annual Tax Return
e-Registration
This module will enable Individuals to prepare
their Self Assessment Estimate and file their
Final Annual Tax Return
This module will enable Individuals Companies
to register and have access to GRA eServices
platform
8 iTaPSe-Services
Portal
9Impact Role on client business
- Impact on business
- Minimize risk of late filing and payments
- Able to know Tax position always
- GRA able to detect non-compliance which may
trigger audit
Role of clients Register on the portal and appoint SCG as their tax consultants Send data and payment on time Keep proper records of transactions
10Role of SCG
11Questions /Comments / Suggestions