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The Ghana Revenue Authority (GRA) announces for the information of the general public the coming into force of amendments to the following Tax Laws and the introduction of the Emissions Levy Act, 2023 (Act1112):
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Notice to all Employers Wiithholding taxes
Please note that any employee taxes for 2023 year of assessment paid after 15th January, 2024 shall attract the appropriate interest in accordance with Section 71 of the Revenue Administration Act, 2016 (Act 915).
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The Publication alleges that the Hon.Minister for Finance has awarded a ‘’questionable’’ contract to Strategic Mobilization Ghana Limited (SML) to monitor Upstream Petroleum Production and to Audit the value chain of Minerals and Metals Resources.
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Tax Implications Of Donation Of Two Helicopters To Kwame Nkrumah University Of Science And Technology (KNUST)
October 20,2023 - The attention of Management of the Ghana Revenue Authority (GRA) has been drawn to an online publication on, "GRA halts two helicopter ‘gifts’ to KNUST over taxes”. Management of GRA would like to use this opportunity to react as follows:
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the Authority has NOT ENGAGED or contracted any individual, company or group of persons to carry out any special re-registration exercise on its behalf.
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She is therefore not authorized to transact any business for and on behalf of the Authority. Anyone who transacts any business with her does so at his / her own risk.
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The Commissioner-General is hereby serving notice to all businesses whose financial reporting calendar year ends on 31st December and have not submitted their estimates to do so by the 21st of April, 2023.
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The effective date of implementation of all amendments is January 1, 2023. The general public, particularly VAT Registered persons, Employers, Accountants, Auditors, Importers, Exporters, Clearing Agents and Tax Consultants must take note of these amendments and comply accordingly.
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The owner or anyone having interest in any rateable premises is entitled to inspect the Valuation List and take copies thereof and extract therefrom free of charge.
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Effective January 1, 2023, the Ghana Revenue Authority (GRA) will be partnering the Metropolitan, Municipal and District Assemblies (MMDAs) in the collection of property rates in the country using a Unified Common Property Rate Platform.
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