Government has been cited for a possible charge of contempt of parliament after what the Minority described as moves to suspend the implementation of reviewed Value Added Tax (VAT) rates. It would be...
It is my great pleasure to welcome you all to Ghana, and to the third, 2017 Development Finance Forum. As we say in Ghana, “Akwaaba!” You are amongst a people who pride themselves on their sense...
Private sector businesses should from next year begin paying less in corporate taxes. It comes on the back of the proposed 5 percent drop in corporate tax from the current 25 percent. The slash in...
Private sector businesses should from next year begin paying less in corporate taxes. It comes on the back of the proposed 5 percent drop in corporate tax from the current 25 percent. The slash in...
Business owners have shown some marginal confidence in the economy per the latest Barometer report by the Association of Ghana Industries (AGI). The 2017 first quarter report saw the index remain...
Government will soon introduce a procurement policy that will bond its agencies and large companies operating in the country to source majority of their raw materials and inputs from local producers...
It is on record that Ghana loses more than $8.3 million in revenue at the ports through fraudulent activities of some importers who pocket the money into their private pockets with the connivance of...
The Conservatives are attempting to shift the election battleground to the economy with an attack on Labour's tax and spending plans. The Tories claimed Labour's spending plans to date amounted to a...
Government has called on all workers to remain resolute in their work to boost growth and development in the country. A statement signed by the party’s Acting General Secretary; John Boadu...
The ruling New Patriotic Party (NPP) is optimistic workers in both the formal and informal sectors will begin to reap the dividends of the Akufo-Addo government as the local currency grows “in...
Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts...
Financial institutions operating in the country have with immediate effect stopped charging 17.5 percent Value Added Tax (VAT) on all financial services. The decision is in pursuant to the Value...
Government has stated that it would only take a second look at the newly introduced administrative measure in the tax exemption system, after it concludes a comprehensive review of the entire regime....
Private enterprises have lauded the tax free holiday policy for startups effective this July. Business Development Minister, Mohammed Ibrahim Awal explains that the move forms part plans to reduce...
A former Vice Chancellor of the University of Ghana, Professor Ernest Aryeetey has criticized successive governments over what he says is the adoption of tax reforms as short term policies towards...
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...
