Ghana Revenue Authority (GRA) on Monday assured the fiscal authorities of its determination to meet its ¢42 billion revised revenue target for the 2020 financial year, despite the huge constraints the COVID-19 pandemic posed to businesses in the country. At the end of last month, the country had realised about ¢26 billion from domestic tax […]
Ghana has projected a $63.4 million (about GHS300 million) additional yearly revenue from a new tax regime on luxury vehicles which collection commenced yesterday, August 1. According to a statement issued by the Ghana Revenue Authority, the taxes will only affect cars with engine capacity above 2950 or 3.0 and above. The revenue authority stated […]