The Ghana Revenue Authority (GRA) has initiated legal proceedings to retrieve more than GHC 15 million in taxes from the National Sports Authority (NSA), which has reportedly not settled withholding taxes since 2019.
In a letter dated November 14, 2023, directed to the Bank of Ghana, the GRA confirmed the acquisition of a garnishment order aimed at recovering tax liabilities from the government sports agency.
On November 17, 2023, the central bank officially informed both the sports authority and the Ministry of Youth and Sports about the garnishment notice, revealing a tax liability totaling GHC 15,520,645.78.
Citing Article 60 and 61 of the Revenue Administration Act, 2016 (Act 915), the Commissioner-General of the GRA directed the Bank of Ghana to remit funds due to the taxpayer (National Sports Authority) to cover the entire tax liability.
Consequently, the Bank of Ghana has frozen the “entire working balance” of the NSA, amounting to GHC 109,791.21 from the authority’s FSPI project 2023 account, pending approval for the final payment to the GRA.