GRA to Foil Revenue Loss with Reformed E-VAT in 2026
The GRA has expressed its readiness to use E-VAT to reform Ghana’s revenue collection for the government to promote growth and development.
Tag: Tax Exemptions
Dr. Acheampong Criticizes E-Levy, COVID-19 Levy
Economist and Political Risk Analyst, Dr. Theo Acheampong, has identified the E-levy and the COVID-19 Health Levy as two consumer taxes that continue to provoke widespread dissatisfaction among Ghanaians. He ...
Minority Leader Criticizes Government’s Tax Exemption Policies
The Minority Leader, Dr Cassiel Ato Forson, has strongly criticized the government's recent tax exemption policies and the overall state of Ghana’s economy. Addressing the recall of Parliament, which he ...
World Bank Highlights Impact of Excessive Tax Exemptions on Ghana’s Revenue
Ghana’s tax system is under scrutiny, with the World Bank revealing that excessive tax exemptions are significantly undermining the country’s revenue potential. In its 8th Ghana Economic Update, the World ...
Sentuo Oil Refinery’s $164M Tax Break Raises Eyebrow
The recently established Sentuo Oil Refinery Limited could be in line for significant tax breaks, potentially saving them a whopping $164.63 million if a request made to Parliament gets the ...
Minority Accuses Government Of Robbing Peter To Pay Paul Over Tax Exemptions
The Ghanaian government's plea for a staggering US$449,446,247.95 in tax exemptions for various companies presented to Parliament has ignited a fierce debate among legislators. The Minority has therefore pledged to ...
Chamber Of Agribusiness Lauds Government’s GHC1billion Economic Enclave Projects
Chief executive officer of the Chamber of Agribusiness, Anthony Morrison, has commended the move by government to inject some GHC1 billion to implement the Economic Enclaves projects at scale and ...
Reviewing Ghana’s 1992 Constitution; Office Of President’s Tax Exemption
Ghana's Constitution, as stipulated in Article 68 (5), introduces a distinct provision exempting the president from taxes, encompassing "salary, allowances, facilities, pensions, and gratuity" mentioned in clauses (3) and (4). ...
Drop The Old Century Way Of Doing Business, Be Versatile, Innovative- Business Consultant Charges Entrepreneurs
Nana Akwesi Bonsu, a business consultant who serves as a professional advisor to help companies achieve their goals, has challenged entrepreneurs in the country to keep themselves from activities which ...
IMF urges Gov’t to Leverage underutilized tax handles
The International Monetary Fund (IMF) has advised government to leverage underutilized tax sources to improve its revenue mobilization. According to the IMF, a comparison of Ghana’s performance with its ...
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