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Only 2% in informal sector pay taxes

The informal sector constitutes 70 percent of the business arena - but just two percent of them pay their taxes. Mr. Richard Hakeem Quainoo -...

21 taxes choke tourism operators – Parliament cries

The country’s quest to be a leading tourist destination in the West Africa sub-region faces an enormous challenge as tourism operators are saddled with...

Tax evasion stifling growth — Ofori-Atta

Abuses and non-compliance with the various tax regimes and laws held the country’s provisional tax to GDP ratio for last year at 13.1 percent,...

Pirating tax stamp is a crime – GRA

The Chief Revenue Officer at Ghana Revenue Authority (GRA), Kwabena Apau Anto, has said it is a crime for businesses to pirate tax stamps...

Tax stamp on textiles to kick-off Nov. 15

A tax stamp policy aimed at enhancing the competitiveness of local textile producers is to be rolled out on November 15, Trade Minister Alan...

Banks must pay more taxes to reduce risky borrowings

To reduce or avert short-term borrowing or overnight lending by banks, which are very risky, and curb their excesses when they get bigger, government...

Tax cuts haunt Ofori-Atta …Mid-year budget set for Thursday

When Finance Minister, Ken Ofori-Atta, made his maiden appearance on the floor of Parliament last year to present the 2017 budget, he came bearing...

Public urged to use tax reliefs to plan for retirement

The Head of Finance and Compliance at Enterprise Ghana, Yaw Kusi-Acheampong, has stressed the need for Ghanaians to capitalise on the tax reliefs government...

Introduction of new tax measures causing some anxiety

The soon-to-be presented mid-year budget is contemplating introducing some new tax measures, Deputy Finance Minister Kweku Kwarteng has hinted - though he clarified that...

Gold Fields pays US$1.2bn in corporate taxes and royalties

Executive Vice President and Head of West Africa, Gold Fields Ghana Limited, has said the company has paid over US$1.2 billion in corporate taxes...

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