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GRA outlines 8 strategies to boost tax revenue collection

To achieve government’s revenue target for 2022, the Ghana Revenue Authority (GRA) has outlined eight major tax strategies which include the taxing of E-commerce, gaming and betting industries in a move to increase domestic revenue collection. This was announced by the assistant Commissioner-General in charge of Research and Policy at …

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GRA chases Shatta Wale for TAX

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 …

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GRA targets GH¢2.7 billion from ‘social media tax’

GRA to tax gaming, betting and e-commerce businesses GRA sets GH¢80.3 billion revenue target for 2022 Ghana needs to benefits from social media giants, GRA Commissioner The Ghana Revenue Authority is targeting a revenue collection of GH¢2.7 billion from a ‘social media tax’ aimed at widening the country’s tax net, a Graphic …

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Ghana announces tax incentives for Belgian investors

The Ghana Oil Company (GOIL) has reduced fuel by 15 pesewas after a directive from President Akufo-Addo following a meeting with driver unions on Monday, December 6. The reduction took effect Tuesday morning with a litre of fuel at Goil now selling at 6 cedis 70 pesewas. The reduction came …

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Ghana announces tax incentives for Belgian investors

  Ghana has announced some tax incentives to 29 Belgian investors exploring business opportunities in the country. The Deputy Minister of Trade and Industry, Mr Herbert Krapa, in a keynote address at an information session on Business Opportunities in Ghana, said the incentives include renewable corporate tax holiday of five …

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All set for anti-MoMo tax demo

Economic Fighters League (EFL), a pressure group, is set to demonstrate over the electronic levy in the 2022 Budget read by the Minister of Finance, Ken Ofori-Atta. The planned protest against the 2022 Budget, in general, has been slated for Friday, November 26, 2021, after notifying the police five days …

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G20: World leaders agree to historic corporate tax deal

IMAGE SOURCE,GETTY IMAGESImage caption,The G20 summit in Rome will set the tone for the COP26 climate summit in Glasgow held immediately after Leaders of the world’s 20 major economies have approved a global agreement that will see the profits of large businesses taxed at least 15%. It follows concern that …

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