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Tag Archives: TAX

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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GRA officers banned from receiving direct tax payments by July 1

  The Ghana Revenue Authority(GRA) has served notice of ceasing the acceptance of personal and corporate cheques for payment of taxes and customs duties, effective June 1, 2021. “Existing cheques that have already been received for the payment of Duties and Taxes shall continue to be presented to the Banks. …

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CJ gives approval for GRA’s Tax Court

The Chief Justice Anin Yeboah has approved a request by the Ghana Revenue Authority for the establishment of a tax court. According to a letter by the Chief Justice, the  court will be located at the Criminal Division of the Appeal Court within the Supreme Court buildings. The Court will …

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GRA to move tax payment online from May 1

Effective May 1, 2020, taxpayers can file their taxes through the Ghana.gov platform and other automated channels. The Ghana Revenue Authority (GRA) has said an automated system is bound to improve tax collection as well as remove elements that impede payments. Speaking on PM Express Business Edition on Joy News, …

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Gov’t introduces 10p ‘borla’ tax to keep Ghana clean

The government of Ghana has instituted a sanitation and pollution levy (SPL) to accrue revenue to keep the environment clean. Caretaker Finance Minister Osei Kyei-Mensah-Bonsu made the announcement on Friday, 12 March 2021 when he delivered the 2021 budget. He said “notwithstanding the progress that we have made in the areas of …

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All taxes from Ashanti Region should go to Otumfuo instead of government – Dr. Agyenim Boateng proposes

The people of the Ashanti Region have been admonished to pay their taxes to the overlord of the Asante Kingdom, Otumfuo Osei Tutu II instead of the Government of Ghana (GoG) to ensure development is brought to their doorstep. “If we want development in the region, we then have to …

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Receiver explains delay in paying ex-workers of defunct financial institutions

Delays in payment of outstanding salaries and severance packages to former workers of defunct microfinance, savings and loans and finance house and microcredit companies is due to unavailability and access to employee data for verification and computation of exit packages. This is according to a document sighted by the Ghanaian …

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GRA, police arrest Indian and Ghanaian for tax evasion

A combined team from the Ghana Revenue Authority (Customs Division) and the Police in the Bono East Region have arrested the owner and Managing Director of Greenland Commodities, Karuppiah Ramasamy and Director Alex Owusu for alleged tax evasion running into several millions of Ghana cedis. Mr Karuppiah, an Indian – …

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File your tax returns or be prosecuted – GRA

The Head of Tax Compliance at the Ghana Revenue Authority, Mr. Henry Sam has served notice that the authority will prosecute tax defaulters. In line with this, the Legal Department of the Authority had been directed to compile reports on all such offenders. He said the authority has already initiated …

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Chief imposes wedding tax in his village

No-one has got married in a village in Kano state, Nigeria, in the past four months after its chief imposed a wedding tax. Ado Sa’id, the chief of Kera village in north-west Nigeria, wants grooms to pay 137,000 naira ($377, £294). This is instead of the current custom of the …

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