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At a time when governments across the globe are actively advocating for a transition towards a cashless economy, these d...
02/04/2024

At a time when governments across the globe are actively advocating for a transition towards a cashless economy, these disruptions underscore the need for caution.

In an era where the internet reigns supreme as the backbone of global connectivity, recent events have shed light on the vulnerabilities inherent in our

Some of the preapproved withholding agents are: Ministries, Departments, and Agencies of Govt (MDAs)Approved financial i...
26/03/2024

Some of the preapproved withholding agents are:
Ministries, Departments, and Agencies of Govt (MDAs)
Approved financial institutions
Telecommunication companies under the Ghana Chamber of Telecommunications e.g. MTN, Vodafone, AT.
Mining Companies e.g. Newmont Ghana Limited, etc.

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Generally, the standard rate of the tax is 15% and it is calculated on the value of the taxable supply of the goods or s...
25/03/2024

Generally, the standard rate of the tax is 15% and it is calculated on the value of the taxable supply of the goods or services or the value of the import.

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A flat rate of 3% is imposed on supplies by a taxable person who is a wholesaler or retailer of goods. Kindly take note....
22/03/2024

A flat rate of 3% is imposed on supplies by a taxable person who is a wholesaler or retailer of goods.
Kindly take note.
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In a bid to ensure compliance; ORC to undertake a nationwide inspection of companies and businesses.Kindly take note.Vis...
21/03/2024

In a bid to ensure compliance; ORC to undertake a nationwide inspection of companies and businesses.
Kindly take note.
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In Ghana, VAT is implemented through the invoice-credit system where a business is given a credit for VAT paid on its in...
21/03/2024

In Ghana, VAT is implemented through the invoice-credit system where a business is given a credit for VAT paid on its inputs by deducting the input VAT from the VAT collected from the consumer (output VAT), and the net amount is paid to the GRA.

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The Electoral Commission declared Dr. Kabiru Tia Mahama the winner of Saturday’s election, having garnered 345 votes aga...
01/02/2024

The Electoral Commission declared Dr. Kabiru Tia Mahama the winner of Saturday’s election, having garnered 345 votes against Hajia’s 338 votes.

The Minister of Gender and Social Protection and aspirant in the just-ended NPP Parliamentary primaries at the Walewale Constituency, Hajia Lariba Zuwera

This follows a near-fisticuff experience that ensued between the group and royal family members over its attempt to remo...
01/02/2024

This follows a near-fisticuff experience that ensued between the group and royal family members over its attempt to remove the black stool to aid the installation of a new family chief at the Yiadom Hwedie Palace in Koforidua.

A group led by the New Juaben Divisional Police Commander has forcibly broken into the stool room of the Adwapong royal family in the New Juaben Traditional

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