Motor Insurance VAT scrapped to protect drivers; ordinary Ghanaians –…
The Finance Minister has justified the government’s decision to remove VAT on motor vehicle insurance, arguing that it would have…
Browsing Tag
VAT
Suspend implementation of VAT on electricity – Finance Ministry directs…
The Ministry of Finance has directed the Electricity of Ghana and the Northern Electricity Distribution (NEDCO) to suspend the…
21% VAT on electricity to increase cost of power; Ghana will become…
Energy Specialist, Dr. Elikplim Kwabla Apetorgbor, is warning of the increasing cost of electricity for consumers in Ghana as a…
2024 Budget: Govt. announces 8 tax reliefs
Minister for Finance, Ken Ofori-Atta, in the presentation of the 2024 budget statement has announced eight tax reliefs for…
GRA, CID bust companies for VAT non-compliance
The Ghana Revenue Authority (GRA) and the Criminal Investigations Department (CID) have arrested five employees of some quarrying…
#Budget2023: VAT increased to 15 percent
The government has increased the Value Added Tax (VAT) from 12.5 to 15 per cent as part of measures to reset the economy to the…
Ahead of 2023 economic policy Nov 24: Budget to restore stability –…
The Minister of Finance, Ken Ofori-Atta, is expected to present the 2023 Budget Statement and Economic Policy of the Government to…
GRA to prosecute businesses that fail to issue VAT invoices
Businesses that do not issue value added tax (VAT) invoices to customers will be arrested and prosecuted by officials of the Ghana…
Prices of goods to go up by 12% over implementation of amended VAT
Consumers may have to pay an increase of about eight to twelve percent from February for some commodities should the Ghana Revenue…
GSA advocates VAT removal on transit goods
The Ghana Shippers’ Authority (GSA), has called on the Ghana Revenue Authority (GRA)-Customs Division to enforce the…