When a local government enters into a service contract without knowing that the service is exempt from value-added tax (VAT) and determines and pays the service fee including VAT, the Supreme Court ...
Businesses often forgo input VAT credit if the purchase/expense invoice is more than 6 months old (or, 2 months in the case of monthly tax periods). Needless to say, such a tax position results in a ...
Chief Revenue Officer at the Domestic Tax Revenue Division Free Zones Unit of the Ghana Revenue Authority (GRA), Dominic Adamnor Nartey, says Ghana’s new standard VAT system allows businesses to ...
The Ghana Revenue Authority (GRA) has pushed back against concerns that the new Value Added Tax (VAT) regime will lead to higher ...