PAYMENT OF WITHHOLDING TAXES – APRIL, 2020
ALL WITHHOLDING TAX AGENTS TO NOTE
The Ghana Revenue Authority (GRA) wishes to remind all withholding tax agents including VAT Withholding Agents appointed by the Commissioner-General that withholding taxes must be paid to the Domestic Tax Revenue Division (DTRD) of the Ghana Revenue Authority (GRA) by the 15th of every month. Withholding taxes for April, 2020 will therefore be due by 15th May, 2020.
Withholding taxes including withholding on VAT deducted from:
- Suppliers operating the VAT Standard Rate Scheme (12.5%)
- payment for the supply or use of goods,
- payment for the supply of any works
- payment for the supply of services and all other withheld taxes for April, 2020 are due by 15th May, 2020.
Pay all withheld taxes by due dates. All payments should be made with an accompanying schedule, in both hard and soft copies, indicating gross amount, the tax deducted and name(s) of taxpayer(s) from whom the taxes were withheld.
Please note that failure to pay tax by due date attracts an interest of 125% of the statutory rate, compounded monthly on the outstanding tax.
To contain the spread of the COVID-19, Taxpayers can file their returns and other documents electronically by using the email addresses provided by their tax offices. Payment can also be made to the bank account of the Domestic Tax Revenue Division offices provided by the offices ONLY.
The GRA can be reached by email on firstname.lastname@example.org, by WhatsApp on 0552990000 and 0553280229 or Toll Free on 0800900102.