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[3] [4] He made this known in the 2022 budget statement and economic policy that was read in the parliament of Ghana. [5] 1.75% is the rate of the E-levy which the Government decided to apply on all transactions. [1] [6] [7] [8] Ken Ofori-Atta said it could raise about $1.15billion which will widen the tax net. [9]
The goal was to streamline training of tax practitioners in the country. He noted the importance of such training, and said the law would eventually require that all tax practitioners had gone through a full course in taxation. [4] The CITG conducts examinations twice a year. In 2011 it was undertaking a major review of the syllabus.
This form certifies the employee's pay, tax and PRSI contributions from the start of the tax year to date of cessation and also certifies that the deductions have been made in accordance with the instructions given by Revenue. If the PAYE is not the same as tax that would be due for the year, the employee must file Form 12, an annual tax return.
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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.
Company registration is done by the Registrar General's Department, [1] but this duty will be transferred to the new Office of the Registrar of Companies under the terms of the Companies Act, 2018. [2] Both resident Ghanaian companies and branches of foreign companies are required to register and obtain a permit before operating in Ghana. [3]
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3 October: Ghana reports its first case of mpox this year. [2]14 October: A bus falls into a ditch in Kwapia, Ashanti Region, killing 13 people. [3]18 October: Parliament speaker Alban Bagbin declares four seats held by MPs who switched parties vacant, effectively giving the opposition National Democratic Congress a majority in the legislature. [4]