Vice President Jane Naana Opoku-Agyemang has called for a tax system that effectively generates national revenue while avoiding excessive burdens on businesses and individuals. She delivered this message at the 14th Conference of the Chartered Institute of Taxation, Ghana (CITG) on August 19, 2026. The conference brought together tax professionals, policymakers, and business leaders to discuss tax reforms.
The Vice President stressed that reforming tax laws alone is insufficient for achieving desired outcomes. She highlighted the critical need for stronger administrative systems, increased use of technology and data, and simpler processes. Improved taxpayer education is also essential to make compliance easier for all citizens and businesses.
This emphasis on tax reform comes as Ghana seeks to bolster its public finances and ensure sustainable economic development. The government aims to generate sufficient revenue to fund national projects and services. However, it must balance this with fostering a conducive environment for economic growth and investment. Recent discussions have focused on how tax policies impact various sectors, including the potential effects of higher taxes on industries like brewing, as noted in related reports.
Vice President Opoku-Agyemang acknowledged the vital role of tax professionals in building public trust. She stated that these experts help individuals and businesses understand their tax obligations. They also support compliance and provide valuable expertise for developing sound tax policy. Their contributions are crucial for a transparent and effective tax system.
Looking ahead, the Vice President underscored the importance of Ghana remaining technically prepared for changes in business models and international taxation. She urged greater collaboration with other African countries. This cooperation ensures that Africa's interests are well-represented in ongoing global tax discussions. Such proactive engagement is vital for protecting national economic sovereignty and promoting regional stability.
The conference theme, “Tax Reforms in Practice: Implications for Businesses and Tax Administration,” provided a platform for stakeholders to examine ways of strengthening Ghana’s tax system. Participants explored methods to ensure the system remains fair, efficient, and supportive of both businesses and individuals. This ongoing dialogue is crucial for navigating the complexities of modern taxation.
The Vice President congratulated the Chartered Institute of Taxation, Ghana, for successfully organizing its 14th conference. She reaffirmed the importance of continued engagement among government, tax professionals, businesses, and other stakeholders. This collaborative approach is key to building a more effective and trusted tax system for Ghana’s future economic prosperity. The government's target to collect GHS 310 billion in tax revenue by 2028 underscores the urgency of these reforms.