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Tag Archives: GRA

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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GRA introduces rent tax – Commissioner-General

• Implementation of rent tax will kick off by end of this year • Rent tax must be paid within 30 days after the rent income is received by landlords or property owners • Payment of the rent tax can be made at the nearest Domestic Tax Revenue Division Office …

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Journalist to drag GRA to court over obnoxious tax policy

  Ghanaian journalist and Editor of The New Independent Newspaper, Kofi Adzivor is set to drag the Ghana Revenue Authority (GRA) to court over what he says is the implementation of a dangerous tax policy introduced in 2019. The young Journalist in an interview with the media in Accra disclosed …

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GRA to prosecute Tax defaulters to achieve Ghc60bn target

The Ghana Revenue Authority, GRA, will begin prosecution of tax offenders this year as part of the broader strategy to engender tax compliance and maximize revenue collection. GRA launched its prosecution Policy in 2019. The Authority went ahead to table request before the Chief Justice to set up a dedicated …

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