CONSTRUCTION companies have been urged to register with the Value Added Tax (VAT) Service and pay their taxes in order to create an even playing field with those that have registered.
Speaking at this year’s annual meeting of the Ghana Institution of Surveyors (GhIS), the Commissioner of the VAT Service, Mr Anthony Ewereko Mintah, said members of the GhIS were obliged by law to register with the service.
He said members were to charge and collect VAT on the services they provided for their clients.
He added that last year Parliament gave the commissioner the jurisdiction to seal off premises of businesses that failed to register to pay the tax.
Mr Mintah said the service would soon undertake an exercise to enforce the new provision of the law.
The President of the GhIS, Mr N. H. Osei Asante, advised members to participate fully in Continuing Professional Development (CPD) programmes in order to constantly update themselves in terms of knowledge-based education acquisition, skills development and, above all, competence, coupled with reliability and integrity.
He said this year’s seminar was scheduled to consider in detail the versatile nature and scope of the Ghanaian quantity surveyor and, more important, the professional surveyor’s appreciation of the dynamics of the competitive market.
He urged the members to work hard to make the surveyor the first option when investment decisions were being made.
Mr Asante congratulated the members on their continued and sustained progress and achievements chalked up over the years.
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