Some financial institutions have assured customers of lower cost of services with the implementation of the scrapping of the 17.5 percent VAT on financial services. They contend that the development...
New businesses will be exempted from paying tax within their first year of operation, Minister for Business Development, Ibrahim Mohammed Awal has said. The minister brought this to the fore at the...
Some banks in the country have begun complying with the directive from the Ghana Revenue Authority (GRA), ordering them to stop charging VAT on financial services. The banks have started sending...
The Chairman of the Spare Part Dealers Association at Abossey-Okai in Accra, Samuel Siaw Ampadu, says government officials “who wear suits and coats think because we are ‘dirty’ we do not know...
The NPP government has with immediate effect, through the Ghana Revenue Authority (GRA) abolished the Value Added Tax (VAT) charged on all financial service transactions in the country. GRA in a...
The Ghana Revenue Authority has directed financial institutions to immediately desist from charging VAT on financial services. This follows government announcing some tax reliefs including abolishing...
The Ghana Revenue Authority (GRA) has directed all financial institutions to discontinue charging VAT on financial services after Finance Minister, Ken Ofori-Atta announced its abolishment in the...
The Ghana Revenue Authority (GRA) has warned financial institutions to discontinue charging Value Added Tax (VAT) on financial services. Acting GRA Commissioner-General, Emmanuel Kofi Nti, in a...
The Acting Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has written to all banks operating in Ghana to discontinue forthwith the charging of taxes on financial...
Tax cut is intended to some relieves to financial institutions The Ghana Revenue Authority (GRA) has discontinued the 17.5% Value Added Tax (VAT) imposed the on financial service in the country....
An economist and investment banker, Mr Alhassan Yakubu-Tali, has lauded the government’s decision to cut down or eliminate some taxes to enhance the growth of businesses in the country. According...
Chairman of the Abbossey Okai Spare Parts Dealers Association, Mr. Siaw Ampadu has disclosed that he will lead officials of the Ghana Revenue Authority to store owners in Abbossey Okai who do not pay...
The Minority in Parliament says government’s economic policies are failing to improve the living conditions of Ghanaians following reports of 15% increase in transport fares. They point to an...
Vice President Dr. Mahamadu Bawumia has hinted that government will soon scrap import duties on raw materials and machinery. The move is to enhance competition and effectiveness in the business...
A while ago, parliament passed the VAT amendment Bill into law subject to presidential assent. The budget, and the bill, which was prepared by the government and laid before parliament, seeks to...
Mike Nyinaku, Chief Executive Officer (CEO) of The BEIGE Group (TBG), a financial services provider, has called on entrepreneurs to take advantage of opportunities in this year’s budget. Mr....
India's lower house of parliament on Wednesday passed four supporting bills that will pave the way for a landmark tax reform and transform the world's fastest growing economy into a common market....
The Minority Leader Haruna Iddrisu is questioning why the Ministry of Finance is, on its own, writing to companies and revoking tax exemptions granted by Parliament. Iddrisu believes such an action...
Mike Nyinaku, Chief Executive Officer of The BEIGE Group (TBG), a financial services provider has called on entrepreneurs to take advantage of opportunities in this year’s budget. Mr Nyinaku...
Mike Nyinaku, Chief Executive Officer of The BEIGE Group (TBG), a financial services provider, has called on entrepreneurs to take advantage of opportunities in this year’s budget. Mr. Nyinaku...
