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The COVID-19 Health Recovery Levy— How it works

May 12, 2021 The COVID-19 Health Recovery Levy Act, 2021, (Act 1068), imposes a special levy, the COVID-19 Health Recovery Levy, on the supply of goods and services, and imports to raise revenue to...

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May 12, 2021 / Comments (0)

Ghanaians willing to pay taxes – Afrobarometer study

April 12, 2021 Ghanaians endorse taxation and are willing to pay higher taxes to support the country’s development, a new Afrobarometer study has shown. The study said majority of the citizens, however,...

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April 12, 2021 / Comments (0)

Government to introduce 1% Covid-19 Health Levy – Mensah Bonsu

March 15, 2021 The Caretaker Minister for Finance, Osei Kyei Mensah Bonsu says the government will be introducing a Covid-19 Health Levy of 1% on VAT, Flat Rate Scheme (VFRS), and 1% on National Health...

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March 15, 2021 / Comments (0)

Parliament approves US$162.9 million Barclays Bank loan

January 12, 2021 Parliament has approved a US$162, 931,563.27 Barclays Bank PLC loan to finance the design, construction and furnishing of seven district hospitals and provide an integrated IT systems...

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January 12, 2021 / Comments (0)

Coronavirus downs oil revenue by 82% in first quarter

June 19, 2020 The country’s fears of losing substantial domestic revenue through the devastating impact of the coronavirus pandemic has been worsened as Bank of Ghana data shows only about 18 percent...

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June 19, 2020 / Comments (0)

Adjustment in tax exemptions shouldn’t discourage FDIs—World Bank Africa Vice-President

April 1, 2019 The World Bank’s Vice-President for Africa, Dr. Hafez Ghanem, has advised government to be balanced in its intention to adjust tax exemptions granted foreign companies in order not to...

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April 1, 2019 / Comments (0)

KPMG TAX UPDATE – AUGUST 2018

August 16, 2018 KPMG-Tax Updates – August 2018...

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August 16, 2018 / Comments (0)

MID-YEAR BUDGET REVIEW: Businesses, households to save GHC1.8bn annually

July 20, 2018 Minister of Finance, Ken Ofori Atta has said that due to prudent reforms and effective management decisions in the country’s energy sector, the Akufo-Addo government has helped businesses...

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July 20, 2018 / Comments (0)