GRA goes cashless from May

The Ghana Revenue Authority (GRA) has served notice it will begin operating a cashless system from next month (May) in a bid to enhance revenue mobilisation across the country.

A memo issued and signed by the Commissioner-General of GRA, Ammishaddai Owusu-Amoah, said the authority will from 1 June 2021 stop accepting personal and corporate cheques for payment of taxes and custom duties.

The statement explained that existing cheques that have already been received for the payment of duties and taxes shall continue to be presented to the banks adding that no new cheque must be received from June 1 2021.

“Where it becomes necessary for cheques to be issued for payments that is spread over a number of months, such cheques must be supported by bank guarantee,” the memo said.

Below is the memo:

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