The Ghanaian government has apparently decided to revoke the previously agreed policy of levying a 15% Value Added Tax (VAT) on energy. According to Asaase Online, sources close to the …
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General NewsLocal
VAT Modification for Electricity Consumers – Ministry of Finance
by Teddy Gawugaby Teddy GawugaThe Ministry of Finance has communicated a modification in the Value Added Tax (VAT) for a specific segment of electricity consumers in Ghana. The letter, signed by the Minister for …
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Ghana’s Parliament has passed the Value Added Tax (VAT) Amendment Bill 2023, a legislation imposing a flat 5 percent tax on commercial property rentals and the sale of immovable property …
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Parliament passed the Value Added Tax Amendment bill by a majority vote, raising the rate by 2.5 percent. The contentious law had to go to a head count in order …
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General NewsLocal
3 Phases Left; 2023 Budget is Unapproved – Okudzeto Ablakwa.
by Teddy Gawugaby Teddy GawugaAccording to Samuel Okudzeto Ablakwa, a member of parliament for North Tongu, the 2023 budget statement and economic strategy have not been adopted by Parliament as previously stated. Mr. Okudzeto …