Search results
Results from the WOW.Com Content Network
The Ghana Revenue Authority (GRA) is the Ghana administration charged with the task of assessing, collecting and accounting for tax revenue in Ghana. [1] [2]As part of efforts to improve compliance, the Authority is required to assist taxpayers to understand and meet their tax obligations by providing robust and comprehensive advice.
According to John Kumah, the money generated from the levy would be used for the payments of contractors in Ghana. [5] Also, revenue from the levy would be used to support entrepreneurship, cyber and digital security; road infrastructure and provide jobs to about 11million people in the country.
The Internal Revenue Service of Ghana is the Government of Ghana agency responsible for the mobilization of tax for the government. [ 1 ] It was merged to the Ghana Revenue Authority as a result of the Ghana Revenue Authority Act of 2009.
In September 2009 members of the Executive Council of the CITG called on recently elected President John Atta Mills, who is himself an expert on taxation.Mills talked of the need for local tax experts to be motivated, and said "We would rely and utilize the store of knowledge that you have so that together we can build a better Ghana.
In Germany employers are required to pay salary tax (Lohnsteuer) for their employees which is an advance payment on the income tax. The employer is liable for the salary tax [16] but the employee has to pay it. [17] In most situations it is not mandatory to file taxes as the salary tax can cover the whole income tax.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more
The top income tax and corporate tax rates are 25%. Other taxes included with value-added tax (VAT), are the national health insurance levy, and a capital gains tax. The overall tax burden was 12.1% of Ghana's total domestic income in 2013. Ghana's national budget was the equivalent of 39.8% of GDP in 2013. [32]
Ongoing — COVID-19 pandemic in Ghana 4 November: 2024 Ghanaian general election : Vice-President Mahamudu Bawumia is nominated by the country 's ruling New Patriotic Party as their presidential candidate.