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Graphic Online
BY: Maxwell Akalaare Adombilla
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The Ghana Revenue Authority (GRA) has rolled out a tax incentive scheme for taxpayers to help cushion businesses and people against the coronavirus disease (COVID-19) pandemic.
The scheme involves waiving the penalty and the accrued interest on tax arrears for both corporate and individual taxpayers as a motivation for them to regularise their tax obligations during the crisis period.
The package from the authority took effect from April this year and allowed people and institutions that had either not registered with the GRA or breached the tax payment and the filing of returns schedules to apply to the authority for waivers.
Press highlights call for new global financial system for Africa, others Ghana-Press-Review May 19, 2021 to 10:51 158 APA – Accra (Ghana) The call by President Akufo-Addo on the Bretton Woods institutions to reset the global financial system rules to give African countries an equal opportunity to develop, in the wake of the COVID-19 pandemic is one of the trending stories in the Ghanaian press on Wednesday.
The Graphic reports that President Nana Addo Dankwa Akufo-Addo has called on the Bretton Woods institutions to reset the global financial system rules to give African countries an equal opportunity to develop, in the wake of the COVID-19 pandemic.
COVID-19 levy, taxes on fuel take effect from today May 1 Listen to article
Three of government’s new taxes have taken effect, beginning today, Saturday, May 1.
These new taxes are as a result of the imposition of an Energy Sector Recovery Levy of GHS 20 pesewas per litre of petrol/diesel and 18 pesewas per kg on Liquefied Petroleum Gas (LPG) and a Sanitation and Pollution Levy of GHS10 pesewas per litre of petrol and diesel.
Also taking effect is the COVID-19 Health Recovery Levy Act, 2021 (Act 1068) and the Energy Sector Levy (Amendment) Act, 2021 (Act 1064).
In an earlier statement, the Ghana Revenue Authority (GRA) noted that Parliament had
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