President Akufo-Addo has announced that all National Identification Card (Ghana Card) numbers will become Tax Identification Numbers (TIN) starting April 1, 2021.
According to the President, this forms part of his government’s agenda to formalize Ghana’s economy.
“From 1st April, and this is no April Fool’s prank, all National ID numbers will become Tax Identification Numbers. In so doing, the number of people registered will increase from the current three million (3 million) to 15.5 million,” President Akufo Addo said.
Delivering the 2021 State of the Nation Address (SONA) on Tuesday, March 9, President Akufo-Addo observed that the country has, after four years, seen more progress in formalising the Ghanaian economy than there was in the previous sixty (60) years since independence.
“I should recall that at the end of 2016, only 750,000 people had TIN numbers. The increase to 15.5 million in just four years is simply phenomenal,” President Akufo-Addo further noted.