GRA to scale up VAT invoice invigilation exercise from April 2023

March 15, 2023 The Ghana Revenue Authority has hinted that it will resume the invoice invigilation exercise it introduced last year which ensured that businesses were made to pay the right amount of taxes...

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March 15, 2023 / Comments (0)

First-ever tax appeals board constituted

January 23, 2023 The country’s first-ever Independent Tax Appeals Board has been inaugurated, with a call on the members to ensure speedy adjudication, accuracy and fairness in tax dispute resolution...

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January 23, 2023 / Comments (0)

Zero VAT on locally assembled vehicles a game-changer  – Silver Star Auto CEO

December 7, 2022 Chief Executive Officer (CEO) of Silver Star Auto Ltd, Asad Nazir, has revealed that the free Value Added Tax (VAT) on locally assembled vehicles is a game-changer to saving Ghanaians a...

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December 7, 2022 / Comments (0)

Focus on compliance, additional 2.5% VAT to impact cost of doing business – KPMG to government

November 30, 2022 Accounting firm, KPMG says the imposition of an additional 2.5% Valued Added TAX (VAT) on standard-rated supplies would impact cost of doing business in the country. It, therefore, wants...

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November 30, 2022 / Comments (0)

2023 Budget: VAT rate up by 2.5%

November 25, 2022 Government has reviewed upwards the Value Added Tax (VAT) by 2.5 percent. This means Ghanaians will from 2023 pay more for goods and services. This was announced by the Finance Minister,...

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November 25, 2022 / Comments (0)

2023 Budget hinges on 7-point agenda for economic transformation – Ofori-Atta

November 25, 2022 Finance Minister, Ken Ofori-Atta has pointed out that the 2023 Budget is anchored on a seven-point agenda aimed at restoring macro-economic stability and accelerating Ghana’s economic...

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November 25, 2022 / Comments (0)

AfCFTA member countries tasked to be innovative in tax mobilisation

September 6, 2022 Countries that are signatories to the African Continental Free Trade Area (AfCFTA) agreement have been tasked to adopt innovative ways of mobilising domestic tax revenue to address tariff...

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September 6, 2022 / Comments (0)

BoG raises policy rate to 19%

May 26, 2022 The Monetary Policy Committee of the Bank of Ghana has raised the policy rate by 200 basis points to 19 percent. At a press briefing, the central bank said: “In sum, the Committee...

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May 26, 2022 / Comments (0)

VAT on e-commerce: GRA, 2 regulators track online spending

March 16, 2022 The Ghana Revenue Authority (GRA) has partnered with two major regulators in the country (the Bank of Ghana (BoG) and the National Communications Authority (NCA) to help it monitor the...

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March 16, 2022 / Comments (0)

GRA begins implementation of six new tax reliefs

February 9, 2022 The Ghana Revenue Authority, GRA, has commenced the implementation of some six tax reliefs introduced by the government as part of efforts to cushion taxpayers against the impact of the...

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February 9, 2022 / Comments (0)