Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, has revealed that the authority has introduced a satellite-based tracking system to ensure landlords comply with rental tax obligations.
Speaking on Asempa FM’s Ekosii Sen show, Mr. Sarpong explained that under existing law, commercial properties attract a 15% rental tax, while private residential properties are taxed at 8%. Landlords are required to deduct the tax from rent paid by tenants.
He further disclosed that the GRA is collaborating with the Real Estate Agency Council to access data on rented properties across the country, a move aimed at identifying landlords who fail to pay the mandated tax.
“The law imposes a 15% tax on commercial properties and an 8% tax on private properties. Landlords are required to collect rental tax from tenants, and tenants also have the option to pay the tax on behalf of landlords through their rent. We have established a working relationship with the Real Estate Agency Council to gather information on rented properties, enabling us to ensure proper tax collection,” he said.
Mr. Sarpong noted that the new satellite system, combined with partnerships with relevant agencies, will strengthen monitoring and boost revenue from the rental sector.
READ ALSO: