Tag: tax
Business
FABAG urges the govt to eliminate duties on essential goods
Government have been asked by the Food and Beverages Association of Ghana (FABAG), to scrap duties on all essential commodities imported into the country.This...
Business
AG flags govt agencies for lack of transparency in 2023 gold export tax revenues
The Auditor General has raised concerns about the Controller and Accountant General, the Bank of Ghana, the Ghana Revenue Authority (GRA), and the Minerals...
Business
World Bank hails Ghana for generous tax treatment of retirement funds
The World Bank, in its eighth Ghana Economic Update, revealed that Ghana’s tax treatment of retirement funds is among the most generous globally, resulting...
Business
Govt’s decision to maintain current tax levels applauded by Deloitte
Deloitte Ghana’s analysis of the 2024 Mid-Year Budget Review acknowledges that the government's decision to maintain current tax levels offers some relief to businesses...
Business
Gov’t to revise some tax measures – Dep. Finance Minister
Deputy Finance Minister in charge of Revenue, Dr. Alex Ampaabeng, has revealed that the government is in the process of reviewing various tax handles...
News
Road tolls or no road tolls remove the “bad E-levy” tax – UGBS Professor
Professor at the University of Ghana Business School, Patrick Asuming, has argued for the removal of the e-levy, regardless of whether road tolls are...
Business
Tax expert urge overhaul of VAT system and complete enactment of exemptions Act
Tax experts have emphasized the urgent need for reforms to Ghana’s Value Added Tax (VAT) system, which has become excessively complex and obstructs business...
Business
GRA announces surpassing its 2024 mid-year revenue collection target despite facing challenges
The Ghana Revenue Authority (GRA) has announced that it exceeded its mid-year revenue collection target, despite encountering challenges in early 2024.Initially tasked with...
Business
Any form of new tax will kill private businesses – ISSER to gov’t
Director of the Institute of Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has advised government against the potential introduction of new taxes...
News
5% tax on locally manufactured plastics will collapse 30,000 jobs – Gov’t told
The Ghana Plastic Manufacturers Association (GPMA) has raised alarm over the potential impact of a planned 5% excise tax on locally manufactured plastics, warning...
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