The importance of having a Tax Identification Number (TIN) has increased in the last couple of days following the decision by government to tie it to a lot of things.
Currently, the TIN number is a pre-requisite for opening a bank account, while there are also reports that parents who fail to register would not be able to enrol their children on the Free SHS programme.
Also, one will not be able to register for the Ghana Card if you do not have a TIN number.
For those who do want to known what the TIN is, it is simply a unique identification number issued to taxpayers for official transactions.
Statistics show that out of the almost 30 million Ghanaians, only about 1.5 million are registered tax payers.
So, the idea of the government is basically to ensure that it widens the tax net and to capture every citizen.
Here are the ways by which people can register for the TIN number:
1. You can visit the Ghana Revenue Authority (GRA) portal to register
2. You can also basically walk into any GRA office and register.
You must, however, know that you will need a valid ID card and other basic information to be able to successfully go through the registration process.
Ideally, the process should not take more than a day to complete, but the length of time it takes to get your TIN number depends on the office you visit.
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