Tag: Taxes
Business
Nuisance business taxes need to be addressed during budget review -GFL
The Ghana Federation of Labour (GFL) has urged the government to use the mid-year budget review to eliminate obnoxious taxes that are affecting business...
Business
Expand tax net instead of introducing new ones – GNCCI to govt
The Ghana National Chamber of Commerce and Industry (GNCCI) has urged the government to find innovative ways of increasing the efficiency of the tax...
Business
Here are recommendations Alban Bagbin made to Ofori-Atta about E-Levy, other taxes
Prior to the implementation of the Electronic Transfer Levy (E-Levy), the Speaker of Parliament, Alban Bagbin, engaged in discussions with the Minister of Finance,...
Independent Africa
MPs in Kenya agree to double taxes on fuel
In Kenya, Members of Parliament (MPs) have approved a measure to double the value-added tax (VAT) on fuel from 8% to 16%. This decision...
News
You don’t have the power to solicit taxes for government – Importers & Exporters to OSP
The Importers and Exporters Association of Ghana has declined the Office of the Special Prosecutor's (OSP) request for access to the Integrated Customs Management...
Business
A GHS843m tax payment made by Newmont to government
Newmont Africa has revealed that its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS843.72 million in taxes, royalties, and levies to the Ghanaian government through the Ghana Revenue Authority (GRA), Forestry Commission, and Ministry of Finance in the first quarter of 2023.This amount consists of corporate tax (GHS514.57 million), minerals royalties (GHS197.06 million), Pay As You Earn (GHS78.23 million), GHS42.31 million as withholding tax and...
Headline
Akufo-Addo hints at more taxes
Ghanaians may be hit with more tax measures by the government and enhanced measures to ensure collection of revenue is robust before the end...
Business
Review unfavorable taxes preventing private sector expansion – Ghana CEO Network to authorities
Business leaders in the nation are urging the government to examine some of the tax revenue initiatives that were implemented in the 2023 budget...
Business
Companies that sell lotteries and conduct betting lament hefty taxes
The implementation of 20 and 10 percent taxes on businesses under the "Gross Gaming Revenue" hasn't gotten the support of lottery and wagering players.They...
News
3 key tax measures to be implemented effective May 1 – GRA
Effective May 1, 2023, the Ghana Revenue Authority will start implementing the new and revised taxes announced in the 2023 Budget.The implementation date was...