George Quaye Highlights Tax Burden on Creatives Despite Modest Profits from Stage Production
CEO of Image Bureau Advocates for Transparent Allocation of Taxes to Benefit Arts Infrastructure
Prominent Ghanaian media personality and Image Bureau CEO, George Quaye, disclosed that his company paid GH¢60,000 in taxes following the first showing of the stage production “The Gods Are Not to Blame,” based on Ola Rotimi’s work.
Despite the modest profit of GH¢4,000, Quaye emphasized the significant contribution to government revenue through taxes in a discussion on Hitz FM.
Quaye underscored the financial strain on creatives, revealing, “After putting up ‘The Gods Are Not to Blame,’ I was looking at the taxes that we have to pay as compared to the other expenses. The biggest beneficiary was the government. And you know the taxes; they take it straight at the door. After everything, we paid a tax of almost GH¢60,000. Meanwhile, our profit as Image Bureau was GH¢4,000.”
While expressing willingness to fulfill tax obligations, Quaye emphasized the importance of transparent utilization of these funds. He highlighted the need for taxes to contribute to improving the lives of hardworking Ghanaians and, specifically, the enhancement of infrastructure for the arts, such as the National Theatre, where many stage productions take place.
“I have no problem, but I would be happy to pay taxes if I entered the venue where the play was hosted, the National Theatre, and the air conditioning was working, the washrooms were tidy, the seats were comfortable, and I could see that that was what the government did with our taxes. I would be happier,”
Quaye stated, articulating the desire for tax revenue to directly impact the development and maintenance of crucial cultural and artistic spaces.
George Quaye’s remarks shed light on the financial challenges faced by creative industries and the expectation for a transparent and impactful use of tax revenue to support the growth and sustainability of the arts sector.