Tag Archives: VAT

In the contemporary economic milieu of Ghana, the exorbitant import duties and Value Added Tax (VAT) imposed on cars and goods are placing an intolerable financial strain on its citizens. Joseph Adjei Archibald, a politician and entrepreneur within the ruling New Patriotic Party (NPP), has sounded the alarm on these …

The government requested the Ghana Revenue Authority (GRA) to liaise with the two power distribution companies to transfer Value Added Tax (VAT) generated from consumers who have exceeded their lifeline power consumption. In a press release, Finance Minister, Ken Ofori-Atta directed that the Electricity Company of Ghana (ECG) and the …

Government has imposed a 21 percent VAT on advertisement on social media platform, Facebook. The newly introduced charge takes effect from August 1, 2023, and applies to both business and personal advertisements. This was announced today by Meta, the parent company of Facebook. By this, all advertisers with a business …

The enforcement team of the Ghana Revenue Authority (GRA) has locked the Chinese retail shop, China Mall, and its warehouses on the Spintex Road and Ashaiman in the Greater Accra region. The action, follows the inability of the company to fix their tax electronic collection system to enable the GRA …