Cedi Woes May Erode Tax Gains
The depreciation of the local currency against major trading currencies, particularly the US dollar, may erode gains to be made by the proposed abolishing of the 1% Special Import Levy on specified...
Tag: Tax
Institute For Fiscal Studies Backs National Insurance Increase
The Institute for Fiscal Studies (IFS) says the chancellor was right to raise National Insurance contributions for the self employed in his Budget. The rise will see millions of self-employed workers...
Weak Consumer Protection May Deprive Full Effect of Tax Cuts
A general consensus at a post-budget programme organized by the Ghana National Chamber of Commerce(GNCC) has warned that ordinary Ghanaians may not fully benefit from the tax cuts announced in the...
Atiwa MP Silences Minority On Budget
The New Patriotic Party (NPP) Member of Parliament (MP) for Atiwa East in the Eastern Region, Abena Osei-Asare, got the minority National Democratic Congress (NDC) members agitated when she said in...
Majority, Minority ‘fight’ Over Budget
The Majority and Minority Members of Parliament (MPs) yesterday slugged it out as they began a debate on the Budget Statement and Economic Policy for the 2017 financial year. The contention was more...
Businesses Appeal To Government
Businesses in the country are calling on the government to focus attention on stabilising the cedi to complement recent interventions in the 2017 budget and create the enabling environment for...
Govt To Lay Bill On Abolished Taxes
Government will soon lay before Parliament, the necessary instruments that would give legal backing to the scrapping and review of some taxes, the Majority Leader in Parliament, Osei Kyei...
Sliding Cedi Could Mop Up Tax Cut Gains–Dalex Boss
Chief Executive Officer of Dalex Finance and Leasing Company Limited, Kenneth Kwamina Thompson, has indicated that the real impact of the numerous tax reliefs captured in the 2017 budget will be...
GIPC Targets GHC5bn In FDIs This Year
The Ghana Investment Promotion Centre (GIPC) plans to attract GH¢5 billion in Foreign Direct Investments (FDIs) in 2017. This, it intends to do by embarking on an aggressive local and foreign...
Be Arrogant and You’ll Lose Power – Ras Mubarak Warns MPs
The Member of Parliament (MP) for Kumbungu Constituency in the Northern Region has counseled his fellow MPs to eschew arrogance if they want to be MPs for longer years. Ras Mubarak observed that...
Botswana Seeks To Attract Investors To Mining Town With Tax Cut
Botswana will cut corporate tax by up to 77 percent for investors in a mining town southeast of the capital, the trade and industry minister said on Tuesday, part of a package to attract them to a...
US Review Finds Deliberate Tax Fraud At Caterpillar
A US government-commissioned review concluded Caterpillar intentionally committed tax and financial reporting fraud, the New York Times reported Wednesday. Federal agents last week raided the...
Impact of Tax Incentives Negligible
The Chief Executive Officer (CEO) of Dalex Finance, Mr Kenneth Kwamina Thompson, has said the impact of about eight out of 12 tax incentives introduced in the 2017 Budget Statement and Government...
Women Demand Tax Justice To End Inequality
Latest: Why galamsey must not be legalised — Minerals Commission explains ActionAid Ghana will today join the Global Alliance for Tax Justice and partner organisations in countries around the world...
Gov’t To Lay Bill On Abolished Taxes Before Parliament
Government will soon lay before Parliament, the necessary instruments that would give legal backing to the scrapping and review of some taxes, the Majority Leader in Parliament, Osei Kyei...
Strict Tax Exemption Rules Not To Affect FDIs
Some tax analysts have expressed strong reservations against assertions that government’s plan to cut down on its tax exemptions, will affect Foreign Direct Investments (FDIs) to Ghana. In the tax...
Tax Cuts Won’t Affect Government Revenue – Mustapha Hamid
The Minister of Information, Mustapha Hamid, has stated that the reduction and abolition of some taxes will not have any adverse effect on government revenue. According to him, it will instead...
Tax Cuts Won’t Affect Gov’t Revenue – Mustapha Hamid
The Minister of Information, Mustapha Hamid, has stated that the reduction and abolition of some taxes will not have any adverse effect on government revenue. According to him, it will instead...
Ofori-Atta Justifies Tax Cuts
Finance Minister Ken Ofori Atta has justified the removal of and reductions in some taxes on goods and services in the country. During last week’s budget presentation, the Nana Akufo-Addo...
NPP’s ‘419 Budget’ Avoided Significant Promises – Fifi Kwetey
The Akufo-Addo government’s maiden budget statement delivered by Finance Minister, Ken Ofori Atta, was met with jeers of “419 budget” from the Minority in Parliament, and the NDC MP for Ketu...