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Tax practitioners have been advised to include burden-sharing agenda in the nation’s tax laws to support compliance and increase revenue mobilisation, the President of the Chartered Institute of Taxation, Ghana (CITG), George Ohene Kwatia, has said.

“In times like this, individuals, corporate institutions and the state are encouraged to engage in burden-sharing in every sphere of our lives. “Consequently, as tax practitioners, we need to advocate certain burden-sharing agendas that could be incorporated into tax laws, which I believe will support tax compliance and revenue mobilisation.

“It is our responsibility to act in the best interest of our clients, employers and the general public by always upholding the principles of fairness and integrity,” he added.

The president, who was speaking at the graduation and induction ceremony of the Chartered Institute of Taxation, Ghana in Accra last Saturday, said such measures would help improve revenue mobilisation to strengthen the economy.

Event
The event was on the theme: “Taxation and technology: Embracing the digital age.” In all, 16 associates, comprised of 116 and 100 practitioners who successfully completed the professional qualifying examinations of the institute in August 2023, and February 2024, graduated.

Additionally, 145 associates who completed the examinations in August 2022, and February 2023, including those of other previous sessions were admitted as members of the institute. 

Technology
The president further said that the impact of technology on taxation had led to unprecedented complexities in compliance and administration which was posing challenges to governments, businesses and individuals.

To navigate these complexities, he said it was necessary to ensure a  proactive approach from tax practitioners and policymakers while ensuring the integrity and fairness of the tax system in the digital age.

“The rapid integration of technology into tax systems present us with innovative tools to streamline processes and enhance efficiency. “It also introduces complexities that require a deep understanding of digital platforms and emerging trends,” Mr Kwatia added.

He, therefore, urged the graduates to leverage technology in their work and also uphold the highest standards of professionalism.

Mr Kwatia also called on them to promote the CITG brand and foster a culture of excellence, saying “together, we have the power to navigate these turbulent times and make a positive impact on the economic prosperity of our nation”.