The founder of the New Force, Nana Kwame Bediako, has denied tax evasion claims by the Ghana Revenue Authority (GRA). The leader of the New Force made headlines in the state newspapers for his failure to file personal income tax returns from 2013 to 2016, and was fined an amount of GH¢50,000. Also, the publication […]
Strategic Mobilisation Ghana Ltd. (SML) is confident that the ordered audit into its contract with the Ghana Revenue Authority (GRA) and the Finance Ministry will vindicate the deal. SML believes that the forthcoming report by KPMG, the firm tasked with conducting the audit, will demonstrate the integrity of the contract in safeguarding the state’s revenue. […]
President Nana Addo Dankwa Akufo-Addo has directed an audit into SML/GRA contract and has asked for a suspension of the performance of contract. The Director of Communications at the Presidency, Eugene Arhin made this known in a press statement dated January 2, 2024. The statement was released Tuesday night. President Akufo-Addo has subsequently appointed KPMG […]
A swoop by the Ghana Revenue Authority (GRA) Accra South Compliance and Enforcement Team and the police has led to the arrest of a woman behind the operation of a chain of supermarkets and a warehouse in the Teshie area for Value Added Tax (VAT) infractions. The task forces have also summoned the owner of […]
The Ghana Revenue Authority (GRA) has said it has identified a number of businesses that are violating the tax law through its ongoing VAT enforcement exercise in the Greater Accra Region. Through the VAT enforcement exercise, the taskforce found out that many businesses had not registered with the authority, while those that had registered were […]
The Customs Division of the Ghana Revenue Authority has uncovered activities of two shipping companies and clearing agents involved in an alleged falsification of information on trade documents to evade payment of taxes. The clearing agents are said to have connived with the shipping lines to falsify information on their manifests and bills of lading, […]
Wins from lottery games, casinos and marketing promotional raffles will now attract a 10 per cent tax with effect from August 15, 2023. This means that gross winnings from all betting, gaming, lotto and other games of chance will be subjected to a 10 per cent withholding tax which will be considered as a final […]
The Ghana Revenue Authority (GRA) will start the imposition of an upfront 12.5 per cent Value Added Tax (VAT) on the customs value of taxable goods at all ports of entry with effect from Tuesday, June 6, this year. The development will affect importers of taxable goods who are not registered to charge VAT. It […]
Six business operators, including two Chinese, have been arrested in Accra for failing to issue Value Added Tax (VAT) invoices to customers. Although the identities of the arrested persons were not disclosed, their businesses were given as Computer Land Ghana Limited, dealers in computers and accessories, and Hiang Vegetables and Fruits Chinese Supermarket, both at […]
The Electricity Company of Ghana (ECG) has disconnected the Ho Airport in the Volta Region for owing the power distribution company GH¢63,000. The regional office of the Ghana Revenue Authority, Ho Technical University, KFC in Ho, and the Customs Excise and Preventive Service (CEPS) Training Academy in Kpetoe were disconnected for owing a combined sum […]
The Ghana Revenue Authority (GRA), in collaboration with the Ministry of Local Government, Decentralisation and Rural Development and the Lands Commission, has collected data required to bill all properties in the country. The list and details of more than 8.87 million properties, codified into the Unified Common Property Rate Platform, also known as Myassembly.gov.gh, to enable property […]
Recent decision by the Ghana Revenue Authority (GRA) to implement the Electronic Value Added Tax (E-VAT) E-VAT payment has brought some benefits to the country. The Electronic Value Added Tax (E-VAT) certified invoicing system has been designed to provide the Ghana Revenue Authority (GRA) with visibility into taxpayer transactions never before realised in the history […]
