When Is Your Foreign Business Taxable in Ghana?
Your foreign business is taxable in Ghana when you have a permanent establishment in Ghana. When an entity does business across borders, it must deal with how the countries in which it operates will tax the income it makes. Countries regulate the right to tax…
The Economy is Tough: This is How Your Business Can Survive
The Government of Ghana went to the IMF and signaled that the economy is struggling. We are in for a prolonged period of economic difficulty. Inflation is high, the cedi is falling, and prices keep going up. Running a business in this environment can be…
How to File a Monthly PAYE Returns
Employers must file monthly PAYE returns and make tax payment by the 15th of the subsequent month. Failure to file and pay Tax by the due date attracts a penalty of GHC 500 and a further penalty of GHC10 for each day that the tax…
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