Tag: GRA
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GRA to offer tax reliefs to companies for donating to COVID-19 fund – Sophia Akuffo
The Ghana Revenue Authority, GRA, has announced that it will offer tax reliefs to companies that have donated to the National COVID-19 Trust Fund. This was disclosed by the Chairperson of the COVID-19 Trust Fund, Madam Sophia Akuffo. Speaking at an event at the Jubilee House on Tuesday, 26th May, 2020, Sophia Akuffo said the…
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GRA announces measures to provide relief to taxpayers amid COVID-19
As part measures to mitigate the economic burden on taxpayers due to the novel Coronavirus pandemic, the Ghana Revenue Authority, GRA, has announced that taxpayers who redeem all their outstanding debts due the Authority by June 30, 2020, will be granted a remission of penalties on their principal debts. These measures, according to the GRA,…
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GRA engages GCNet to restore system at ports over UNI-PASS challenges
The Ghana Revenue Authority, GRA, says it is in talks with GCNet to restore its systems following the challenges witnessed at the ports with the newly introduced Integrated Customs Management System (ICUMS), otherwise known as UNIPASS. According to them, the discussions with GCNET have been induced by the challenges faced by agents processing their custom…
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Tackling COVID-19: GRA ventures into production of hand sanitizers
In a bid to complement government’s efforts in the fight against the coronavirus pandemic, the Ghana Revenue Authority (GRA), has commenced the manufacturing and distribution of locally-made sanitizers for use by its over 14,000 staff across the country. The product, which is formulated at GRA’s Customs Laboratory in Accra and contains Ethanol, Hydrogen Peroxide, Glycerol…
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Registrar Generals Dept., other state agencies shut their doors over partial lockdown
Several businesses that are not in the essential services category including key state institutions have shut down their offices for the next two weeks in line with the partial lockdown. President Nana Addo Dankwa Akufo-Addo in imposing a lockdown on the Greater Accra Metropolitan Area including Kasoa in the Central Region, and the Greater Kumasi…
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Gov’t targets a review of port charges to meet regional standards
The Ministry of Finance says it is working to ensure that levies and charges placed on imports into Ghana are at par with others within the West African sub-region. A Deputy Minister of Finance, Kwaku Kwarteng, explained in an in an interview with Citi Business News that though Ghana is a signatory to several trade…
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Income tax Act amendment: GRA announces tax reliefs for some category of people
The Ghana Revenue Authority, (GRA), has announced some amendments in the Income Tax Act 2015, Act 896, which grants tax reliefs to some category of people. Those qualified to benefit under the amendment include workers with a minimum salary of 319 cedis, parents with three school going children, persons above 60 years, married couples and…
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We’ll continue to pursue companies evading taxes
The Ghana Revenue Authority, GRA, says it will continue to pursue companies that continue to evade taxes. The assurance follows an exercise which led to the closing down of Hippo Transportation Company in Tema for defaulting in custom duties expected to be paid on their goods at the warehouses for the past three years. A…
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Thirteen companies sue GRA and Cocobod over payment of VAT
Some thirteen Agricultural companies including Kuapa Cocoa and Olam Ghana and CDH Commodities, have sued the Ghana Revenue Authority and its Commissioner-General, as well as the Ghana COCOBOD and its CEO, over what they say is an imposition of Valued Added Tax (VAT) on them. The companies in their writ to the court say they…
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GRA warns its officers and public against tax evasion
The Ghana Revenue Authority (GRA) has issued a stern warning to its officers and members of the public who are involved in or facilitate the evasion of taxes. This follows the latest arrest by the authority of two Chinese nationals for falsifying VAT Invoices and evading payment of lawful taxes to the state. Speaking to…