Tag Archives: TAXES

In January 2024, the government introduced two new taxes, adding to the fiscal landscape of the country. These tax measures were announced as part of efforts to shore up revenue and support various developmental projects and initiatives. The first tax introduced was the controversial 15% Value Added Tax (VAT) on …

The Vice-President of Ghana and New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, is set to address the nation on Wednesday, February 7, 2024, unveiling his vision for the country in his quest to succeed his boss, President Nana Akufo-Addo in January 2025. However, the anticipation of this address is overshadowed …

  The Ghana Civil Society Organisation (CSO) platform on Sustainable Development Goals (SDGs) has appealed to the government to remove taxes on sanitary pads to enhance menstrual hygiene and quality of life for all women in Ghana, especially young girls in schools. This would eliminate school absenteeism associated with the …

The Coalition of Transport Unions and Associations has called on the government to scrap what they consider to be nuisance taxes else they will increase fares by 20%. The Association gave the government a 13-day ultimatum to meet their demand, failure of which they will increase fares. The National Public …

Parliament has passed three new tax measures during an extended sitting of Friday, March 31, 2023. The said taxes also faced stiff opposition from the Minority Caucus in the House but the Majority managed to marshall all their numbers on the day to get the taxes passed. The three new taxes …

A governance accountability group, The Movement For Justice – Ghana, has petitioned the Registrar of Companies and the Commissioner-General of the Ghana Revenue Authority (GRA) to investigate Hon. Samuel Okudzeto Ablakwa over allegations of an unregistered company and unpaid taxes. In details sighted by The Pokuase Mail, the Group, among others, …

Ghana Revenue Authority (GRA) is demanding an amount of US$773 million from MTN Ghana, the local subsidiary of the MTN Group, the South African mobile telecom giant. According to documents sighted by GhanaWeb, the amount is in lieu of back taxes over a five-year period spanning 2014 to 2018. It …

The US Supreme Court has cleared the way for ex-President Donald Trump’s tax forms to be released to a Democratic-controlled congressional committee. The justices rejected Mr Trump’s bid in October to block a lower court’s ruling that granted the panel’s request for his financial records. The move is a blow …

Dr. John Kwakye, Director of Research, Institute of Economic Affairs (IEA), has advised the government to impose more taxes on companies that are making huge profits in the country. According to him, other countries are implementing similar policies to rebuild their economies after the impact of the COVID-19 pandemic. Speaking …

Renowned Johns Hopkins University economist, Professor Steve Hanke, has again questioned the Akufo-Addo-led administration’s intention to enter an economic programme with the International Monetary Fund (IMF). In a post shared on Twitter, he blamed government for imposing more hardships on Ghanaians by introducing more taxes in a move to salvage the economy. …