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Tax administration reforms from budgets and COVID-19 18th Dec 2020 | Source: Graphic Online
Abeku Gyan-Quansah
With very bright prospects when the Minister of Finance presented the budget to Parliament in November 2019, little did anyone expect the COVID-19 pandemic to strike and send shock waves across the entire globe.
These bright prospects were reflected in the very promising theme of “Consolidating the Gains for Growth, Jobs and Prosperity for All” for the 2020 National Budget.
As COVID-19 had distorted several of Government’s initial plans, it was clearly time for a complete revision of the initial estimates in the 2020 budget.
Following from this, as in our previous series on indirect tax and direct tax policy measures, the series continues and attempts to explore the position of the initial 2020 budget estimate and the mid-year fiscal review, this time from the perspective of tax administration measures or proposals.