Ghana Revenue Authority

E-VAT Pilot Emboldens Gov’t To Expand Tax Net
11 Jul

E-VAT Pilot Emboldens Gov’t To Expand Tax Net

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The Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam, has revealed that results from the pilot phase of the e-VAT are encouraging; and that the Ghana Revenue Authority (GRA) is eager to ride on its success to widen the tax net. According to him, government is leveraging digitalization – including initiatives such as the e-VAT, e-Levy and Ghana.gov among others – to expand the tax net, eliminate leakages and close the tax gap. “Results from the e-VAT pilot phase supplemented by physical monitoring by GRA staff are truly revealing. The initial results have emboldened us to expand…
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GRA Clarifies Upfront Payment Policy For VAT At Ports
09 Jun

GRA Clarifies Upfront Payment Policy For VAT At Ports

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The Ghana Revenue Authority (GRA), recently announced the introduction of an upfront payment of 12.5% on the customs values of VAT registerable imports at the various entry ports of the country. However, the Ghana Revenue Authority has clarified that this is not a new tax, but a tool to ensure VAT compliance among importers of goods. Speaking with Kennedy Mornah on the Eye on Port TV program, officials of the Ghana Revenue Authority indicated that the primary goal of this measure is to ensure that importers of VAT-taxable goods register. They also revealed that the compliance intervention is also to ensure the integrity of the tax…
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We Can Take Property Rates – GRA
08 Jun

We Can Take Property Rates – GRA

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Ghana Revenue Authority (GRA) has described as untrue suggestions by the Chamber for Local Governance (ChaLoG) in a statement on May 31, 2023, that property rates can only be collected by the District Assemblies. It said Section 124 of Act 936 as cited by the ChaLoG, spoke to revenue of district assemblies but made no reference to the District Assemblies collecting revenues on their own. A statement issued by the GRA and copied to the Ghana News Agency in Accra said that same section said nothing about the Metropolitan, Municipal and Districts Assemblies (MMDAs) not allowing other state agencies to assist…
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GRA Touts Success Of Invigilation Exercise
02 Jun

GRA Touts Success Of Invigilation Exercise

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The Ghana Revenue Authority has touted the successes of its ongoing VAT invigilation exercise that it has embarked on. The exercise which began in the last quarter of 2022, is a demonstration of one of the many tools to check tax compliance and enforce tax responsibilities. One may spot a GRA official at a couple of big supermarkets verifying the books of these commercial operators. According to Chief Revenue Officer, Joseph Ajeikwei Annan, through the exercise, GRA has recovered a lot of revenue owed to the state through Value Added Tax, citing cases of millions of cedis recovered from a single taxpayer…
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4 Lebanese Business Owners, 3 Others Arrested Over VAT Infractions
26 May

4 Lebanese Business Owners, 3 Others Arrested Over VAT Infractions

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Seven people have been arrested in an ongoing VAT compliance exercise by the Investigation Unit of the Ghana Revenue Authority (GRA) for allegedly failing to issue VAT receipts to customers who patronize their goods and services. The accused persons include four Lebanese business owners and three Ghanaian business managers operating at North Industrial area and North Kaneshie in Accra. The seven business operators, MS Thakkar Overseas Limited, Sika Kobrea, Best Five Company Limited and City Appliances, dealers in the wholesale of beverages, rice and home appliances were picked up by the VAT Investigation Taskforce of the Ghana Revenue Authority for non-issuance of VAT receipts…
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GRA Closes 6 Businesses, 2 Managers Busted
24 May

GRA Closes 6 Businesses, 2 Managers Busted

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Officials of the Ghana Revenue Authority (GRA) have arrested two Chinese, and shut down six businesses in Accra for failing to issue Value Added Tax (VAT) invoices to customers. The affected companies are: Computer Land Ghana Limited, dealers in computers and accessories, and Hiang Vegetables and Fruits Chinese Supermarket, both at Osu. Emelijo Enterprise, a shop that sells disposables at La Wireless; U-Fresh Company Limited, a beverage manufacturing company owned by some Chinese, and Sulas Enterprise, dealers in power generating sets and construction machinery. The last company is Mahalia Kollection, a clothing shop at Spintex. These companies are part of some 93…
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Request VAT Invoice After Purchases – GRA
22 May

Request VAT Invoice After Purchases – GRA

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The Ghana Revenue Authority (GRA) has advised the buying public to always request VAT invoices from businesses that are registered to pay tax. Head of Accra Central Enforcement Unit of GRA, Joseph Annan, gave the advice during a VAT enforcement and test-purchase exercise in Accra. “Attention will soon be shifted to buyers who do not request VAT invoices after purchases. We want to ensure that businesses and customers collaborate to make tax collection easy,” he said. The tax collector maintained that refusal of buyers to request for invoices from taxpaying businesses contravenes the VAT law. Eight businesses were clamped for the offence…
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Collection Of COVID-19 Tax Does Not Have An Expiry Date – GRA
19 May

Collection Of COVID-19 Tax Does Not Have An Expiry Date – GRA

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The Ghana Revenue Authority (GRA) has responded to a query regarding the continuation of the COVID-19 Health Recovery Levy, commonly referred to as the "Covid Tax," which sheds light on the reasons behind the ongoing collection of this levy. In a tweet, the Ghana Revenue Authority addressed the concerns raised by a user on Twitter, who asked, "Why are we still paying covid tax @GhanaRevenue?" In their reply, the GRA emphasized their role as mandated by parliament to collect revenue from taxes and levies. They further explained that the basis for revenue collection is the law enacted by parliament. The GRA specifically referred to the COVID-19 Health Recovery…
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Implementation Of 3 New Taxes To Begin On May 1 – GRA
29 Apr

Implementation Of 3 New Taxes To Begin On May 1 – GRA

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The Ghana Revenue Authority has revealed that the implementation of the 3 new and revised taxes passed by parliament will begin on May 1, 2023. In a notice by the Authority, it noted that businesses had been given enough time to configure their systems for the taxes to be implemented since the law was passed. The new and revised taxes are the Excise Amendment Act, 2023; Income Tax Amendment Act, 2023 and the Growth and Sustainability Levy Act, 2023. Income Tax Amendment Bill The Income Tax (Amendment) Bill, 2022 is to amend the Income Tax Act, 2015 (Act 896) to revise the…
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Pay Your Taxes And Enjoy Many Reliefs – GRA
25 Apr

Pay Your Taxes And Enjoy Many Reliefs – GRA

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The Ghana Revenue Authority (GRA) says there are many tax reliefs for Ghanaians who pay and file their tax returns. Lawrence Hotsonyame, Assistant Commissioner, in charge of Training and Development Department at GRA, said the country had all these services, but citizens might not benefit if they failed to file their tax returns. Mr Hotsonyame made this known at a two-day workshop for some selected court reporters in Accra. The two-day workshop was organised by the GRA in collaboration with the Judicial Training Institute for selected journalists and Staff of the Communication and Public Affairs Department of GRA. It was aimed at…
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