Tag Archives: GRA

‘GRA is chasing me for tax like I’m a thief’ – Shatta Wale

Dancehall musician Shatta Wale despite proclaiming to be the most successful artiste in Ghana has lamented the Ghana Revenue Authority are after him for tax. Shatta on Monday disclosed that the music industry is not lucrative like many assume especially the GRA who claims he earns a lot and therefore must …

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Benchmark Value: GRA suspends implementation for two weeks

The Ghana Revenue Authority (GRA) has suspended the implementation of the reversal of the benchmark value policy for two weeks. The suspension, to be lifted on January 17, 2022, is to allow importers who got their duty bill before December 31, 2021, to successfully clear their goods within the period, …

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GRA will collect E-levy – Ministry of Finance

The Finance Ministry says all the processes for the collection of the proposed Electronic levy (e-levy) on mobile money (MoMo) transactions, inward remittances and ATM withdrawals will be done by the Ghana Revenue Authority (GRA). The Ministry, in a statement issued by the Public Relations Unit and copied to the …

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GRA scraps ‘benchmark’ on 32 items; prices of building materials, other prices to shoot up

The Ghana Revenue Authority (GRA) has announced that the implementation of the removal of benchmark values on some 32 categories of items, will begin from Monday, 15 November 2021. A letter written to Finance Minister Ken Ofori-Atta to that effect dated 11 November 2021 and signed by Commissioner-General Rev. Ammishaddai Owusu-Amoah, said: …

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GRA hits over GH¢39 billion revenue in first three quarters

The Ghana Revenue Authority (GRA) has by the end of the third quarter, September 2021, collected a tax revenue of GH¢39.90 billion out of a total annual target of GH¢57 billion. The authority is optimistic it will meet the annual target by December 31 and clear the deficit despite bites …

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Woman remanded for GRA enlistment scam

An Accra Circuit Court yesterday remanded into police custody a 39-year-old woman for defrauding victims of GH¢139,000 in connection with enlistment. Janet Adjoa Nyarko was said to have taken the monies from her victims to secure enlistment in the Ghana Revenue Authority (GRA), but failed to fulfill her promise. She …

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Port duties to go up as Customs adjust freight rate

The Customs Division of the Ghana Revenue Authority (GRA) has asked its officers to adjust freight rates – the amount paid to a goods carrier – upward at the country’s port on goods imported from Asia due to rising freight rates on the continent. In a letter cited by the …

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GRA, EOCO, NIB after top brands evading taxes, engaging in money laundering

Information reaching Rainbowradioinline.com indicates that the Ghana Revenue Authority in collaboration with relevant stakeholders such as the Financial Intelligence Unit, Economic and Organized Office (EOCO), and the National Investigations Bureau (NIB) formerly known as BNI are set to launch full-scale investigations against some popular companies in Ghana. Per the information …

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GRA to tax E-commerce businesses

The Ghana Revenue Authority (GRA) is in the process of developing mechanisms and modalities to tax e-commerce businesses by the end of the year. The move, which formed part of measures to widen and increase the tax net, had become necessary because of the emerging e-commerce business as a result …

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