• About
  • Advertisements
  • Terms of Use
  • Contact
Sunday, July 27, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Tax education is key to harnessing informal sector growth, says CITG President George Kwatia

by The Sikaman Times
February 26, 2025
Tax education is key to harnessing informal sector growth, says CITG President George Kwatia
ShareTweetSendShareSend

The President of the Chartered Institute of Taxation Ghana (CITG), Mr. George Ohene Kwatia, has urged governments across West Africa to prioritise tax education as a strategy to harness the contributions of the informal sector to economic growth.

Speaking at the 2nd Society of Women in Taxation (SWIT) West Africa International Conference in Accra, he emphasized that the informal sector—predominantly comprised of women—remains largely untapped due to a lack of tax awareness and data capture.

“The informal sector has expanded to 80%, contributing 70% to GDP, yet it does not translate into the expected economic growth because tax compliance remains low,” Mr. Kwatia noted. 

He proposed that tax education should be introduced at early education levels to instill a culture of compliance from a young age.

“We need to integrate tax awareness into our educational curriculum, even at the kindergarten level. When children grow up understanding the importance of sharing and contributing to national development, they will not hesitate to fulfil their tax obligations,” he stated.

He also advocated vocational and professional training programs to include tax education. “Hairdressers, tailors, and other vocational professionals make significant income but lack tax knowledge. By introducing tax education as a non-scoring requirement for certification, we can ensure that these professionals understand their fiscal responsibilities,” he explained.

Mr. Kwatia called for strategic government interventions to ensure that informal sector workers are encouraged to pay taxes without feeling overburdened.

“With the right approach, we can turn the informal sector into a major driver of economic stability,” he concluded.

The conference brought together tax professionals from across West Africa to discuss innovative ways to enhance tax compliance and revenue mobilisation through women’s participation.

Advertisement Advertisement
Tags: Chartered Institute of Taxation GhanaFeaturedGeorge Ohene KwatiaSociety for Women in TaxationSWIT West Africa
Share2Tweet1SendShareSend
Previous Post

SWIT W/A conference pushes policy reforms for women’s empowerment in revenue mobilisation

Next Post

Divas in AI opens registration for #HackforChange2025

Related Posts

Parliament approves GH¢1 fuel levy per litre amid energy sector woes
Banking & Finance

2025 mid-year budget: Gov’t to scrap COVID levy, slash VAT rate

July 25, 2025
NIB recapitalized as Gov’t moves to stabilize financial sector
Banking & Finance

NIB recapitalized as Gov’t moves to stabilize financial sector

July 25, 2025
ORC issues final deadline for annual returns, business name renewals
Banking & Finance

ORC imposes new penalties on defaulting companies

July 25, 2025
Mid-year budget: GH¢13.8bn “Big Push” to deliver 5,000km of roads across 166 constituencies
Banking & Finance

Mid-year budget: GH¢13.8bn “Big Push” to deliver 5,000km of roads across 166 constituencies

July 24, 2025
Cassiel-Ato-Forson
Banking & Finance

Public debt drops from GH¢726.7bn to GH¢613bn amid IMF program – Ato Forson

July 24, 2025
Finance Minister, Dr. Cassiel Ato Forson
Banking & Finance

Exchange rate stability will be sustained – Finance Minister pledges

July 24, 2025
Next Post
Divas in AI opens registration for #HackforChange2025

Divas in AI opens registration for #HackforChange2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • UGBS honours Prince Amoatia Younge, 1998 year group at 45th Management Week

    UGBS honours Prince Amoatia Younge, 1998 year group at 45th Management Week

    10 shares
    Share 4 Tweet 3
  • PNP seeks to raise GHS 2m to revamp party structure

    1 shares
    Share 0 Tweet 0
  • Lighthouse Chapel brawls with dismissed bishop over car gift

    10 shares
    Share 4 Tweet 3
  • Article: Leadership lessons in driving

    1 shares
    Share 0 Tweet 0
  • Peter Kwadwo Asare Nyarko writes: Securing your financial wellness in 2024

    9 shares
    Share 4 Tweet 2
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Parliament approves GH¢1 fuel levy per litre amid energy sector woes

2025 mid-year budget: Gov’t to scrap COVID levy, slash VAT rate

July 25, 2025
NIB recapitalized as Gov’t moves to stabilize financial sector

NIB recapitalized as Gov’t moves to stabilize financial sector

July 25, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times