Seadrill argues that as long as the GRA continues to talk to them and adjust numbers, a “Final Objection Decision” hasn’t been reached. The GRA argues that once they issue an “Objection Decision,” the 30-day countdown is set in stone, regardless of any polite letters sent afterward. Who is right?
The deadline for filing the 2025 annual income tax return is 30 April 2026. This return covers your total income earned for the year 2025. It doesn’t matter whether you earned income from employment, business or investment. As long as you earned any income during the year, you are required to file this return. This
2025 annual income tax return – have you filed yours? Read More »
Relevant qualifications Barrister at Law and Solicitor of the Supreme Court of Ghana Member, Institute of Chartered Accountants, Ghana (ICAG) Member, Chartered Institute of Taxation, Ghana (CITG) Associate, Chartered Institute of Management Accountants (CIMA) MBA, University of Ghana, Legon Bachelor of Laws (LLB), Ghana Institute of Management of Public Administration Bachelor of Arts (BA), University
Odzangbateh Nutifafa Dake Read More »
Relevant qualifications Barrister at Law and Solicitor of the Supreme Court of Ghana Fellow, Institute of Chartered Accountants, Ghana (ICAG) Member, Chartered Institute of Taxation, Ghana (CITG) Member, Institute of Internal Auditors, Ghana Fellow, Institute of Directors, Ghana Member, Information Systems Audit and Control Association (ISACA), USA & Ghana Chapters MBA, Paris Graduate School of
This article explores how much faith a taxpayer can put in an interpretation provided by the GRA. It considers the tools available to the GRA to provide taxpayers with interpretations and what happens if the GRA wants to change its mind.
The new Ghana Investment Promotion Authority law requires registration of every Technology Transfer Agreement before expenses can be deducted by the company making the payment.
We compare the existing GIPC law to the new law. All the significant changes have been highlighted.
Ghana’s new investment promotion law vrs the old one Read More »
In a significant reversal, mining companies will now pay the Growth and Sustainability Levy at 1% of gross production. This amendment is anchored on the new royalty regime.
Ghana reduces GSL on mining companies from 3% to 1% Read More »
In 2017, the Value Added Tax Act, 2013 (Act 870) was amended to include provisions relating to withholding VAT agents. In the Memorandum to the Bill introducing this amendment, the Government explained that: Clause 3 of the Bill seeks to empower the Commissioner-General to appoint a Value Added Tax Withholding Agent for the Authority. A
Everything you need to know about Ghana’s withholding VAT regime Read More »
This change represents a significant step toward the digitisation of the tax net in Ghana. While the administrative burden is higher, it significantly reduces the likelihood of fraudulent input claims and should, in theory, speed up tax audits.
Notice from the GRA: introduction of input VAT schedule Read More »
