Tax reform

News

Gov’t Moves To Scrap Import Duties On Aircraft Spare Parts

The Aviation Ministry has begun talks with the Finance Ministry to scrap taxes on import duty on aircraft parts and...

News

NDC’s Clement Apaak Drags GRA To Court Over 3% VAT

A former Presidential staffer, Dr. Clement Apaak has dragged the Ghana Revenue Service to court over the implementation...

News

GUTA’s Support For 3% VAT Compromising – Importers

Business Associations protesting the implementation of the 3% VAT Flat rate scheme are skeptical of a positive outcome...

News

Minority Threatens To Head To Court Over 3% VAT Flat Rate

The Minority has threatened to go to court in a bid to compel the Ghana Revenue Authority (GRA) to halt the...

News

3% VAT Flat Rate Good – GUTA Counters AGI

The Ghana Union of Traders Association (GUTA) has presented a counter petition to the Finance Committee of Parliament,...

News

Ken Ofori Atta Faces Parliament Over 3% VAT Controversy

Parliament’s Finance Committee has invited the Finance Minister, Ken Ofori Atta to respond to concerns by various...

News

Implementation of 3% VAT Flat Rate: Prices Up By 20.5%

Prices on goods have gone up by about 20.5%, following the implementation of the 3% VAT Flat Rate which commenced on...

Headlines

Little India Struggles With Tax Revolution

India has vowed that a new nationwide tax will revolutionise the economy by bringing more businesses into the digital...

Headlines

India Launches Tax Revolution Amid Business Doubts

India on Saturday launched its biggest ever fiscal reform with the government promising that a new nationwide tax would...

Headlines

India Launches National Tax Amid Business Doubts

The Indian government on Saturday launched its biggest fiscal reform ever, promising a stronger economy and less...

Headlines

Indian Opposition To Boycott Tax Launch

Indian opposition vowed Friday to boycott the launch of the government's new national tax, adding to the strain ahead...

Headlines

Indian Business Braces For Disruption Amid Massive Reform

India is bracing for upheaval as it storms ahead with its most ambitious reform in decades -- transforming the world's...

Headlines

Gulf States Prepare For VAT In Time of Crisis

Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as...

News

Parliament Passes Bill To Scrap Import Duties On Vehicle Spare Parts

Government has expressed hopes that buyers and users of vehicular spare parts in Ghana will soon start to enjoy reduced...

Business

Finance Minister, GRA To Meet Parliament Over VAT Law

The leadership of Parliament is expected to seek further clarifications from officials of the Ghana Revenue...

Business

Minority Angry Over ‘suspension’ of VAT Collection

The Minority has filed a motion in Parliament aimed at stopping the Ghana Revenue Authority (GRA) and the Finance...

News

Assemblies Caught In Lazy Property Tax Collection

Investigations into the collection of property taxes in the Accra Metropolis and the Awutu-Senya East Municipality show...

Business

Banks Stop VAT Charge On Financial Services

Financial institutions operating in the country have with immediate effect stopped charging 17.5 percent Value Added...

Headlines

Trump Tax Plan To Cut Corporate Rate To 15%

The Trump administration's long-awaited tax reform plan will propose slashing corporate taxes to 15 percent, from the...