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The Value Added Tax Service of Ghana is the Government of Ghana agency responsible for the mobilization of tax for the government. [1] The service was formed after the promulgation of the Revenue Agencies (Governing) Board Act in 1998.
Institute of Chartered Accountants, Ghana is a member of two international bodies, the sub-regional ABWA or Association of Accountancy Bodies in West Africa, and the International Federation of Accountants (IFAC), the worldwide organization for the accountancy profession.
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.
The institute began operating as a professional body in 1978, and the Ghana Institute of Taxation was incorporated as a limited company on 2 May 1980. It became the Chartered Institute of Taxation on 8 February 2001. As of 2011 a draft bill was in the works to incorporate the CITG through act of parliament. [2]
The Ministry of Finance and Economic Planning is the government ministry responsible for the economic and monetary health of Ghana. The Ministry is involved with economic planning, fiscal policy, national accounting, the national budget, and creating an environment for investment and growth. [1] The main offices of the Ministry are located in ...
During last night's game there was an on-court skit that missed the mark. The skit included bad decision making and poor communication. Simply put, we turned the ball over and we apologize.
Jo Denman and Tessa Parry-Wingfield formed a close friendship after they were both diagnosed with a rare form of cancer which resulted in them each having an eye removed
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]