The Ghana Revenue Authority (GRA) has taken decisive action in compliance with recent directives from President Akufo-Addo regarding its dealings with Strategic Mobilization Ghana Limited (SML). The GRA has terminated the Transaction Audit and External Verification Service Contract (AEVS) with SML and suspended the Upstream Petroleum and Minerals Revenue Audit …
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The Ghana Revenue Authority (GRA) has addressed concerns regarding the tax status of individuals earning incomes abroad, clarifying the criteria for determining “resident individuals” for tax purposes. According to the GRA, the definition of a resident individual for tax purposes is outlined in the Income Tax Act 2015 (Act 896), …
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President Akufo-Addo has appointed Ms. Julie Essiam as the new Commissioner-General of the Ghana Revenue Authority (GRA), replacing Dr. Ammishaddai Owusu-Amoah. Ms. Essiam, who previously served as the Commissioner for the Support Services Division of the GRA, assumes her new role following the dissolution of the GRA Board and the …
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The Ghana Revenue Authority (GRA) has officially put into effect the Emissions Levy Act, 2023 (Act 1112) starting February 1, 2024. This legislative move introduces a levy on carbon dioxide equivalent emissions specifically for internal combustion engine vehicles, aiming to promote the adoption of eco-friendly technology and green energy solutions. …
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In a recent development reported by The Ghanaian Times, Nana Kwame Bediako, popularly known as Cheddar, and a presidential candidate for Ghana’s upcoming general elections, has reportedly been fined 50,000 GHS by the Ghana Revenue Authority (GRA) for alleged tax evasion. The GRA claims that Cheddar failed to file personal …
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Joseph Adu-Kyei, the Deputy Commissioner of the Customs Division at the Ghana Revenue Authority (GRA), expressed bewilderment over his transfer to the Ministry of Finance following his exoneration in the Labianca report case. A recent ruling by an Accra High Court acquitted Adu-Kyei and former Commissioner of Customs, Colonel Kwadwo …
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West Blue Ghana Limited has taken legal action against the Attorney-General (AG) and the Ghana Revenue Authority (GRA) at the Commercial Division of the High Court in Accra. This move comes following the termination of a substantial contract worth GH¢289 million related to the National Single Window and Integrated Risk …
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In a significant move by the Ghana Revenue Authority (GRA), the Sol Cement manufacturing company, situated in Tema, Greater Accra Region, has been temporarily closed down due to an outstanding tax liability amounting to GH¢709 million. The Compliance and Enforcement Unit of GRA, led by Joseph Annan, Assistant Commissioner in …
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The Ghana Revenue Authority (GRA) has allayed the fears of Ghanaians affected by glitches in the system since the electronic levy implementation took off yesterday. According to the GRA, it will eventually refund all wrongful deductions that have been affected on transactions. Speaking on Joy FM in Accra, Head of …
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In a frantic effort to achieve an ambitious 80.3 billion Ghana cedis tax revenue target for the year 2022 and also attain a tax to GDP ratio of up to 16.5%, the government has initiated moves to widen the tax net and broaden the tax scope. Aside from the introduction …
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