ALL POSTS FILED UNDER: GRA
GRA, Finance Ministry sued over tax waivers for 42 companies
Add a CommentThe Ghana Revenue Authority (GRA) and the Finance Ministry are facing a lawsuit over plans to grant tax waivers to 42 companies under the 1 District 1 Factory Initiative. The suit was initiated by three Minority Members of Parliament, led … Read more →
GRA bags GH¢113bn in 2023 – Highest collection in 20yrs
Add a CommentThe Ghana Revenue Authority (GRA) collected a tax revenue of GH¢113.06 billion last year, GH¢3.87 billion more than it was tasked to collect. The performance represents a nominal growth rate of 49.3 per cent over the 2022 fiscal year, which … Read more →
GRA arrests GHc7.95m illicit tobacco products
Add a CommentThe Ghana Revenue Authority (GRA) has intercepted a significant cache of illicit tobacco products, valued at GHS7,951,238.39 that were unlawfully routed through unapproved border channels, which has prompted a resolute response from the GRA to maintain the nation’s regulatory standards. … Read more →
GRA to implement 10% withholding tax on betting, lottery winnings from August 15
Add a CommentThe Ghana Revenue Authority (GRA) has announced that it will begin implementing a 10% withholding tax on all gross gaming winnings from August 15, 2023. The GRA explained that the withholding tax will be charged on profits accrued after each … Read more →
GRA collects GH¢51.5bn, pledges to seal all loopholes
Add a CommentTotal tax revenue collected by the Ghana Revenue Authority (GRA) for the first nine months of 2022 amounted to GH¢51.5 billion (GH¢51,580.17 million).0.9% negative deviationThe Authority therefore fell short of its target for the period by GH¢466.61 million representing negative … Read more →
GRA locks up China, Palace Malls for non-compliance
Add a CommentEnforcement Officers of the Ghana Revenue Authority (GRA) have closed four branches of the China Mall shopping centres in Accra. Similar action was taken against some branches of Palace Mall in Accra. They shopping centres said to have failed to … Read more →
E-Levy rakes ¢328.80m – GRA
Add a CommentThe Electronic Transaction levy commonly called E-levy has raked in ¢328.80million as at September 2022, the Ghana Revenue Authority (GRA) has announced. According to Commissioner–General of the Ghana Revenue Authority, Rev. Ammishaddai Owusu-Amoah, on month-month basis the country continues to … Read more →
GRA rejects Auditor-General’s claim of GH?3.26bn loss
Add a CommentThe Ghana Revenue Authority (GRA) is refuting claim that the country has lost GH?3.26 billion as reported in the 2021 Auditor General’s report. According to the GRA, the said amount, which was Energy Sector Levies, was not culcated in the … Read more →
E-levy: This is how much money GRA has made so far
Add a CommentThe Ghana Revenue Authority has disclosed that the Electronic transfer levy (e-levy) is already raking in significant revenue for the country. Head of Project Unit at GRA, Isaac Kwabena Amoako said collections from a single charging entity amounted to more … Read more →
Salaries paid through mobile money will attract E-Levy – GRA
Add a CommentWorkers who receive their salaries through mobile money platforms may have to brace themselves. This is because a portion of their money is expected to be affected by the recently passed E-Levy. According to the Ghana Revenue Authority (GRA), the … Read more →
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