GRA fights off claims of harassing traders; calls for cooperation

September 25, 2023 The Ghana Revenue Authority (GRA) has appealed to the business community to collaborate with its taskforce as the Authority moves to engage leadership of traders to address concerns over...

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September 25, 2023 / Comments (0)

Trading community mounts pressure on government to cut taxes, enforce investments laws to control rising importation

July 19, 2023 The trading community in Ghana is mounting pressure on the government to use the Mid-Year Budget to cut taxes while enforcing the investment laws to control the rising level of importation...

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July 19, 2023 / Comments (0)

Non-VAT registered importers to pay 12.5% upfront

May 31, 2023 The Ghana Revenue Authority (GRA) will start the imposition of an upfront 12.5 per cent Value Added Tax (VAT) on the customs value of taxable goods at all ports of entry with effect from...

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May 31, 2023 / Comments (0)

Introduction of new taxes will bring more burden on business – GUTA tell gov’t

March 28, 2023 The Ghana Union of Traders Association (GUTA) has called on the government to reconsider its plan to introduce three new taxes. Describing such taxes are obnoxious, GUTA said they will...

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March 28, 2023 / Comments (0)

Era of low interests beckons …As T-bill rates crash

March 14, 2023 Treasury bill (T-bill) rates crashed to an eight-year low last Friday, renewing the hope of businesses that the era of low cost credit for expansion was nearer than initially expected....

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March 14, 2023 / Comments (0)

Trade bodies advocate policy on profit retention by foreigners

November 17, 2022 Trade bodies in the country have called for what they describe as “a profit retention policy” to regulate how much profit foreign investors repatriate to their home countries. That,...

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November 17, 2022 / Comments (0)

GUTA advocates deeper stakeholder engagement one year after AfCFTA implementation

January 19, 2022 A year into the implementation of the African Continental Free Trade Area Agreement (AfCFTA), the Ghana Union of Traders Associations (GUTA) wants more stakeholder engagement to ensure...

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January 19, 2022 / Comments (0)

Prices of goods won’t increase by 50% if benchmark discounts are reversed – AGI

January 12, 2022 The Association of Ghana Industries (AGI) has debunked claims and threats of a 50% hike in the prices of goods on the markets if the government goes ahead with the implementation of the...

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January 12, 2022 / Comments (0)

Benchmark value reversal resumes January 17

January 11, 2022 The suspension of the implementation of the reversal of reduction of values of imports (referred to as benchmark values) on selected items has been extended for a further two weeks, to...

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January 11, 2022 / Comments (0)

Reversal of 50% benchmark value policy commences on November 15

November 15, 2021 Effective Monday, November 15, revised selected items cease to enjoy 30% and 50% discount on benchmark or invoices for vehicle and general goods. The items include, sugar, noodles, palm...

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November 15, 2021 / Comments (0)