Cheng Gong Ghana Limited, dealers in water factory and treatment machinery, was locked up by a taskforce of the Ghana Revenue Authority (GRA) for selectively issuing Value Added Tax (VAT) invoices to clients.
The company also failed to…
The Ghana Revenue Authority (GRA) has completed billing over 10.12 million properties identified across the country for the purpose of property rate collection.
This means that coverage has increased by 8.82 million more properties, up …
The Ghana Revenue Authority (GRA), compliance and enforcement unit, says the non-issuance of Valued Added Tax (VAT) invoice is a criminal offence and can lead to prosecution.
The Authority said tax defaulters could be charged under sect…
The Ghana Revenue Authority (GRA) has invited the managers of 11 companies in East Legon to assist in investigations pertaining the non-issuance and selective issuance of VAT receipts as part of efforts to ensure voluntary compliance of ta…
The Ghana Revenue Authority (GRA) has arrested 10 managers of some supermarkets and general merchandise shops in the Awoshie-Anyah Market and Ablekuma enclave in the Greater Accra Region for not complying with Value Added Tax (VAT) regu…
Rev. Dr Ammishaddai Owusu-Amoahthe Commissioner-General of the Ghana Revenue Authority (GRA), has been named an outstanding public sector leader for the second time.
He was honoured with 14 other top managers of public institutions in t…
Tip-offs from the public are playing a major role in the identification of businesses that are flouting the tax laws across the country, the Ghana Revenue Authority (GRA) has said.
The Accra Central Area Enforcement Manager of the GRA…
The Ghana Revenue Authority (GRA) compliance and enforcement unit has closed down four businesses for failure to issue Value Added Tax (VAT) invoices of the Authority.
The GRA expects that all suppliers of taxable items…
The Ghana Revenue Authority (GRA) is hoping to rake in some GH¢400 million from the new gaming tax.
The new tax seeks to charge 10 percent tax on bet and lotto wins.
Speaking to Citi News, a member of the Gaming Com…
Value Added Tax (VAT) collections by the Ghana Revenue Authority (GRA) from January and May this year amounted to GH¢1.2 billion.
This represent a 92.4 per cent increase of the GH¢649.93 million collected within the same period last yea…
The Ghana Revenue Authority (GRA) has commenced the implementation of the application of the tax laws of lottery operators across the country.
Effective yesterday, all lottery operators commenced withholding 10 per cent of winnings an…
A task force from the Ghana Revenue Authority (GRA) has arrested managers and staff of three hotels and a supermarket in Accra for alleged VAT tax infractions.
The task force visited the hotels and the shop unannounced as part of an e…
The Ghana Revenue Authority (GRA) has warned that it will punish any lottery company or betting company that refuses to deduct a 10% withholding tax on winnings.
The GRA will begin implementing the withholding tax on August 15, 2023. Th…
Ghana Revenue Authority has outdoored its choir named the Revenue Voices and unveiled new instruments to support activities.
The choir comprises personnel of the various departments of the Authority with interest in singing to praise Go…
The Deputy Ashanti Regional Commander, Customs Division, Ghana Revenue Authority (GRA), Mr Evans Teye Agbozo, has cautioned importers and exporter against the practice of bypassing systems to avoid paying all required duties.
Mr. Agbozo…
The Ghana Revenue Authority (GRA) is warning the public against an imposter by the name name of Justice Mensah, who is going round doing fake tax registration and collection in Accra.
In a public notice, signed by the Commissioner-Gener…
Officials of the Ghana Revenue Authority (GRA) have seized 12,000 cartons of drinks with no tax stamps from importers.
This was made known to the Ghana News Agency (GNA) when the Excise Unit of GRA embarked on a check op…
The Ghana Revenue Authority (GRA) has found out that more than 10 million Ghana Card holders whose information has been migrated to its system are not registered as taxpayers.
Out of the 15.99 million Ghana Card records migrated from …
The Ghana Revenue Authority (GRA) has described as untrue suggestions by the Chamber for Local Governance (ChaLOG) in a statement on May 31, 2023, that property rates can only be collected by the District.
It said Section 124 of Act 936…
Three shop owners at Achimota, a suburb in Accra, have been apprehended for flouting tax laws of Ghana.
The move is a continuation of the GRA’s exercise to have businesses comply with the VAT issuance regime as a civil r…
With pressure mounting on the government to double up its domestic revenue generation efforts, the tax collecting agency is leaving no stone unturned to ensure that businesses not captured in the tax net are enrolled.
Consequently, th…
The Ghana Revenue Authority has touted the successes of its ongoing VAT invigilation exercise that it has embarked on.
The exercise which began in the last quarter of 2022, is a demonstration of one of the many tools to check tax compli…
Officials of the Enforcement Units of the Ghana Revenue Authority has invited some shop owners for questioning as part of its efforts to ensure voluntary Value Added Tax (VAT) compliance.
The GRA expects that all suppliers of taxable it…
The Intelligence Unit of the Ghana Revenue Authority (GRA), has cautioned importers and declarants of cargoes to desist from under-declaring, mis-describing, devaluing weight, and under-invoicing as the Unit is tracking such activities.
…
Government’s three new taxes to improve its badly needed cash flow makes tax evasion and avoidance imminent, tax analysts have cautioned.
The experts strongly believe that the Excise Duty (Amendment); Income Tax (Amendment); and the …
The Ghana Revenue Authority (GRA) says there are many tax reliefs for Ghanaians who pay and file their tax returns.
Mr Lawrence Hotsonyame, the Assistant Commissioner, in charge of Training and Development Department, GRA, said the coun…
The Ghana Revenue Authority (GRA) will enrol 600 additional businesses onto the electronic Value Added Tax (VAT) invoicing system, popularly known as the "e-VAT", by the end of next year.
The new arrangement will extend the electronic i…
The Ghana Revenue Authority (GRA) has denied allegations that its officials have been harassing businesses belonging to Kennedy Agyapong, the Member of Parliament for Assin Central.
The GRA claims that allegations of an unjustified au…
Commissioner General of the Ghana Revenue Authority, Reverend Dr Ammishaddai Owusu-Amoah, says the common platform for the collection of property tax rates in the country will be fully operational by March ending.
The common platform wo…
Non-Compliance to tax obligations can adversely hamper the development of any nation and Ghana is not an exception. The illegal practices reduce government revenue while perpetrators, in some instances, usually get away with such offences…
The collaboration between the Customs Division of the Ghana Revenue Authority (GRA) and a revenue and assurance audit firm, Strategic Mobilisation Ghana Limited (SML), has helped the country to rake in an extra GH¢3 billion in three year…
The Upper East Regional Customs Division of the Ghana Revenue Authority (GRA) exceeded its revenue target for 2022 by 20.24 percent despite infrastructure and logistical challenges
The Bolgatanga collection mobilised more than GH?27.6 m…
The Ghana Revenue Authority (GRA), in collaboration with the Ministry of Local Government, Decentralisation and Rural Development and the Lands Commission, has collected data required to bill all properties in the country.
The list and …
Efforts by the Ghana Revenue Authority (GRA) to increase revenue mobilisation are yielding the desire results, as data from the authority show that it collected more revenue in 2022 than it was tasked to do.
The data showed that GRA bea…
The Ghana Revenue Authority (GRA) has assured to reimburse mobile money customers who are wrongfully overcharged following the implementation of the 1 percent levy on electronic transfers.
The reduction of the Electronic Transfer Levy (…
The Ghana Revenue Authority (GRA) has announced a complete reversal of the discount on import values of general goods and Home Delivery Value (HDV) of vehicles effective January 1, 2023.
A statement issued in Accra by the Commissioner-G…
The Ghana Revenue Authority (GRA) has expressed confidence in the Integrated Customs Management System (ICUMS) as a tool to boost trade facilitation in Africa, following its implementation in Ghana.
The single window electronic customs…
The Ghana Revenue Authority (GRA) has appealed to large taxpayers in the Greater Accra Region to support efforts towards the implementation of the electronic invoicing of Value Added Tax (VAT) and the generation of electronic tax clearance…
Commissioner-General of the Ghana Revenue Authority (GRA), Reverend Ammisshaddai-Owusu has heaped praises on the newly introduced E-auction module of the Integrated Customs Management System (ICUMS).
According to the Commissioner-Genera…
The Ghana Revenue Authority (GRA) has sent a word of caution to the general public to be wary of an online site – www.locanto.com.gh purporting to carry out the auction of vehicles for and on behalf of the Customs Division of GRA.
GRA i…
The Customs Division of the Ghana Revenue Authority (GRA), is piloting its e-auction programme for uncleared cargoes at the Tema Port through the Integrated Customs Management System (ICUMS).
Mr Eric Afari, the Principal Revenue Officer…
The Commissioner-General of the Ghana Revenue Authority (GRA) has congratulated Petrosol Ghana Ltd, a privately-owned indigenous oil marketing company (OMC), for its tax compliance efforts.
A letter by Rev. Dr Ammishaddai Owusu-Amoah, t…
The Ghana Revenue Authority Enforcement Manager in Accra Central, Joseph Annan, says locked-up businesses will be reopened once they connect to the authority’s E-VAT Invoicing system.
“All we need is to get their s…
The Labone, Spintex, Atomic roundabout and Weija branches of Palace Mall have been shutdown by the Ghana Revenue Authority for non-compliance with the authority’s E-VAT Invoicing system.
According to GRA, a number of se…
Operators of eight cold stores at the Takyi Yard Cold Stores Enclave in Tema on Friday closed their stores and absconded before officials of the Ghana Revenue Authority (GRA), undertaking a Value Added Tax (VAT) inspection exercise, arrive…
About 48 businesses are currently undergoing prosecution for evading taxes and failing to issue Value Added Tax (VAT) invoices on purchase of goods and services.
According to the Commissioner-General of GRA, Rev. AmishaddaiOwusu-Amoah, …
The Ghana Revenue Authority (GRA) says its meeting with officials from the International Monetary Fund (IMF) was fruitful.
Officials of the International Monetary Fund have wrapped up the second visit to Ghana following…
The Ghana Revenue Authority (GRA) has deployed an electronic (e) invoicing system for businesses to use in issuing value-added tax (VAT) invoices to the public.
Known as the e-VAT invoicing system, it took off last Saturday after Sectio…
The Ghana Revenue Authority (GRA) Co-operative Credit Union Limited total income improved by 33.8 per cent from more than GH¢4 million in 2020 to GH¢ 6.04 million as of the financial year ending June 2021.
The improvement was as a resu…
The Ghana Revenue Authority (GRA) will from October this year issue Tax Clearance Certificate (TCC) electronically to tax payers, Vice President, Alhaji Dr Mahamudu Bawumia, has announced.
A Tax Clearance Certificate (TCC) is document…
info@businessghana.com
