Jessica Blagogee
June 1, 2023
Before you close your financial books for the year, you must make sure that you filed all returns and paid all taxes due during the year. This could save you significant penalties. We’ve prepared this checklist to help you check your compliance and reduce the risk of incurring undue penalties. Do you have employees who […]
Marian Botchway
May 17, 2023
An employment contract is a legal agreement between an employer and an employee that outlines the terms and conditions of their working relationship. The contract protects both parties by setting clear expectations and obligations for each party. Whilst a contract can or verbal or in writing, we recommend you issue written contracts. When drafting an […]
Penelope Haizel
May 4, 2023
The employer and employed both have responsibilities under the National Pensions Act, 2008 Act 766. If an employer does not comply with the Act, he can incur penalties and suffer a loss of reputation. Employer’s obligation Register with both SSNIT and a fund manager of his choice. Ensure all their employees registered with SSNIT. Deduct and […]
Ursula A. Odame
April 28, 2023
This blog answers common questions that people ask about tax audits. 1. What is a tax audit? A tax audit is an examination of a taxpayer’s financial records and tax returns by the GRA to ensure that the taxpayer has accurately reported their income, deductions, and credits and complied with tax laws and regulations. 2. […]
Solomon Tetteh Okornoe
March 10, 2023
A Tax Clearance Certificate (TCC) confirms a taxpayer has paid his taxes or has agreed on a payment plan with the Ghana Revenue Authority (GRA) at the date of application. To remove the hassle from getting a TCC, GRA has moved from issuing physical TCC to issuing Electronic Tax Clearance Certificates (E-TCC). You can now apply for and […]
George Katako
March 2, 2023
At SCG, we use MindBridge AI, an artificial intelligence and machine learning audit platform that enables auditors to implement data analytics on their audits. MindBridge published a case study on our use of MindBridge in May 2022. This article summarises the article and includes a link to download the full case study. Factors that led […]
