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Tag Archives: INCOME

Amended Income Tax Bill, 2022 passed

Parliament has passed the Income Tax (Amended) Bill, 2022 to amend the Income Tax Act, 2015 (Act 896) to extend the exemption from tax of gains on the realisation of shares listed on the Ghana Stock Exchange for five years. Mr. Kwaku Kwarteng, the Chairman of the Finance Committee of Parliament moved for the …

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COVID-19: Queen Elizabeth loses £10m of income

The Queen has been left with a £10million shortfall in her finances as a result of the pandemic. Buckingham Palace revealed yesterday that it had lost just over half its annual income outside of Government funding after closing to visitors. It meant the royal household was forced to break into its savings. …

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Govt to pay laid off workers temporary incomes

The Minister of Finance, Ken Ofori-Atta is set to announce a temporary financial relief programme for persons who lost their jobs as a result of the Coronavirus (COVID-19). To be known as the National Unemployment Insurance Scheme, the initiative is to be a temporary income and will be paid to …

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