Kasapreko ranked as “Best Local Tax Compliance Company” by GRA
from right;
Deputy Commissioner, presenting the award to CEO
of Kasapreko, Richard Adjei
|
Kasapreko
Company Limited (KCL), the only indigenous ISO certified beverage manufacturing
company in Ghana, has been named Best Indigenous Tax Compliance Company for
year 2018 by the Ghana Revenue Authority (GRA).
Mr.
Edwin Gyambrah, on behalf of the Commissioner-General of GRA, presented
Kasapreko with the award as the Best Indigenous Company 2018, Large Taxpayers
Office.
He
indicated that Kasapreko has been one of the most compliant indigenous
companies over the years and deserves to be appreciated for others to emulate.
“Kasapreko
Company Limited emerged the largest indigenous taxpayer in 2018. In 2017, they
paid a total of GH₵66 million, and in 2018, paid a total GH₵85.4 million in tax
to emerge as the largest indigenous tax payer.
“Before
a company is nominated to be awarded by the GRA, there are some cardinal points
we look at and one of them is that the company must be a compliant company and
we do not often see this factor among local businesses.
“But
when it comes to Kasapreko, over the years, we have seen that their filing
date, corporate tax, employee taxes and compliant rate has been very
outstanding and the GRA recognises your efforts and wish to present you with
this award,” he said.
The
Managing Director of KCL, Richard Adjei, voiced appreciation: “We are glad that
we are being recognised as the Best Indigenous Company, Large Taxpayer Office
and we hope that the GRA will also take this opportunity to give us some tax
wavers as a way of appreciating what Kasapreko is also doing and in support of
our subsequent projects.
“One
of our goals is to be the business that others will look at and learn from,
both in marketing/sales and corporate social responsibility (CSR) initiatives.
And so, we were very particular about tax compliance and we hope the GRA will
also crack its whip on those who are not compliant to create a fair play
ground,” he added.
“We
have rightly applied to one district one factory (1D1F) secretariat, and we
looking forward to the support that government will give us to expand. The more
support we get, the more sales we make and the more tax we pay to government,”
CEO, KCL, Richard Adjei said.
Mr.
Adjei, also asked government to put in place measures that will support the
local companies over the multinationals, indicating that the 50 percent
reduction on import charges will impact their business positively since some of
their materials are imported.
“Kasapreko
is building a new factory at Tanoso-Kumasi to increase supply to the market,
especially in the production of water and other beverages. It is a $20 million
factory and we hope that this factory will service Ashanti, Bono and the three
regions at the north, he added.
Mr.
Gyambrah, finally, also indicated that some tax wavers such as location
incentive is already available to companies irrespective of the kind of
category or sector they belong to.
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