Ghana plans to review its process for granting corporate tax exemptions to mining and oil companies as part of measures to eliminate fraud and boost revenues, the vice president said on Wednesday.
Dr Mahamudu Bawumia said tax exemptions claimed by some resources companies were not transparent, and in some cases,...
The Ghana Revenue Authority (GRA) says it has so far issued 1,090,338 Taxpayer Identification Numbers (TIN).
Although it said the figure still falls way below expectation, the GRA urged persons who are yet to register for the Taxpayer Identification Number (TIN) to take steps to do so, as it begins...
The Association of Ghana Industries (AGI) says it is open to more partnerships with either public or private investors to create industrial parks that have litigation-free lands and have the required infrastructure that enables businesses to thrive.
“One of the key reasons industries are scattered around instead of concentrated in...
The cedi’s overvaluation makes imports cheaper and exports uncompetitive, which puts a constraint on economic growth, and could actually stifle government’s own ‘One District, One Factory’ initiative, Managing Director of Dalex Finance Ken Thompson has said.
With an over-valued currency, even if these factories commence production, cheaper imports will make...
The District Assembly Common Fund (DACF) have set aside US$20m in this year’s proposed formula for the management and disbursement of the District Development Fund (DDF).
For 2018, DACF are expected to manage and disburse the DDF, the Donor Partner Support to the Metropolitan Municipal and Districts (MMDAs), a report...
The Deputy Minister responsible for Industry at the Ministry of Trade & Industry, Ahomka Lindsay is expected to speak at the two-day international conference on trade and finance scheduled to take place at Alisa Hotel(North Ridge) in Accra on April 10th-11th, 2018.
The two day conference is providing a platform...
Even though the Ghana Revenue Authority (GRA) originally set notice that if by the end of March this year, businesses failed to obtain a Tax Identification Number (TIN), they would not be able to conduct business.
However, owing to the fact that several businesses in the informal economy are not...
The District Assembly Common Fund (DACF) have set aside US$20m in this year’s Proposed Formula for the management and disbursement of the District Development Fund (DDF).
For 2018, DACF are expected to manage and disburse the DDF, the Donor Partner Support to the Metropolitan Municipal and Districts (MMDAs), a report...
The Ghana Revenue Authority (GRA) has quelled fears expressed by some businesses that failure to get a Tax Identification Number (TIN) by end of March this year will deny them the opportunity to do so later.
The GRA Public Relations Officer, Bobie Ansah, told B&FT that registration for the TIN...
The only way government can meet its revenue targets in the short-term while maintaining its expenditure level is to increase taxes across the board for a specific period - at least for three years - Ken Thompson, Managing Director of Dalex Finance, has said.
He argued that government’s penchant for...