This week has been fairly dominated by the government’s insistence on every citizen getting a Tax Identification Number (TIN).
The importance of having a TIN has also increased in the last couple of months following the decision to tie it to a lot of things.
A TIN 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.
And, as at the time the mandatory policy was announced, the number of people who had TINs stood at 1,090,338.
So, the idea of the government is basically to ensure that it widens the tax net and to capture every citizen.
Here are 10 things you will not be able to do without having a TIN.
1. Bidding for contracts from a government agency
2. Conducting business with Ministries, Departments and Agencies
3. Conducting business with Metropolitan, Municipal and District Assemblies
4. Clearing goods from the ports
5. Registering your land document with the Lands Commission
6. Obtaining a tax clearance certificate from GRA
7. Opening a bank account
8. Obtaining a passport from the passport office
9. Registering your company at the Registrars General’s Department or any District Assembly office
10. Receiving any payment from the Controller and Accountant General or a District Assembly in respect of a contract for the supply of any goods or provisions of any services
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