The post The Big Issue: New tax bills: Saving the economy versus the survival of businesses?| 1st April, 2023 appeared first on Citinewsroom - Comprehensive News in Ghana.
Parliament has adjourned sine die for the Easter festivities. This followed the passage of three revenue bills presented to the house by the government seeking to boost domestic revenue mobilisation. The Speaker of Parliament, Alban Bagbin, presenting his closing remarks to the house urged the MPs to do away with inexplicable decisions that could mar activities […] The post Parliament
The Member of Parliament for the Cape Coast South constituency, George Ricketts-Hagan has bemoaned Parliament’s passage of the government’s three new revenue taxes. Mr. Ricketts-Hagan said the passage of the taxes will worsen the economic distress of individuals and the growth of businesses in the country. Speaking on The Big Issue on Citi TV/Citi FM, […] The post No
The Vice President, Dr. Mahamudu Bawumia has launched the Electronic Tax Clearance Certificate for the Ghana Revenue Authority (GRA) in Accra. The Electronic Tax Clearance Certificate app is an integrated digital platform which enables taxpayers to do three key things at a go: access and generate their tax clearance certificate online, file their tax returns […] The post VP
President of the Ghana Union of Traders Association (GUTA), Dr. Joseph Obeng has expressed disappointment with Parliament’s approval of the three revenue tax bills. Dr. Obeng bemoaned the implications of the taxes approval and said it will affect the rate of tax compliance by businesses because it will be a discouraging act to honour. He […] The post Passage
A professor of Economics at the University of Ghana Business School, Godfred Bokpin has intimated that an efficient tax regime is what is needed to help Ghana raise the needed revenue and not additional ineffective tax bills. Professor Bokpin bemoaned the many existing taxes which he stated if properly implemented, should have been enough to […] The post We must
The Chief Justice of Ghana, Justice Anin Yeboah has charged the staff of the Judicial Service to work diligently and exhibit high levels of professionalism in the discharge of their duties to give hope to the distressed who rely on the courts. Speaking during the commissioning of the Kasoa High Court, Justice Anin Yeboah underscored […] The post Be diligent
The Chief Executive of Ga West Municipal Assembly (GWMA), Clement Nii Lante Wilkinson is calling on residents near the Prisdof Court at Sempe Odumase in Accra, to exercise restraint while they work to relocate a cattle ranch owned by the caretaker Chief of Sempe Odumase, Nii Adjang Kodia I. The Municipal Chief Executive noted that […] The post Exercise
The Speaker of Parliament, Alban Bagbin says nothing untoward was done in the passage of the controversial revenue bills despite the absence of the Member of Parliament for Nanton, Mohammed Hardi Tuferu. The MP was involved in an accident on Friday while on his way to Parliament to partake in a vote on the financial […] The post Nothing untoward occurred during
Parliament has passed the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the Ghana Revenue Authority Bill 2022 and the Income Tax Amendment Bill 2022. The financial bills presented to Parliament by the government seeks to rake in about 4 billion Ghana Cedis annually as part of domestic revenue mobilisation. The […] The post Parliament passes three new taxes
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