Tax Resources

All you need to know about tax

We understand that the word ‘tax’ can bring about stress and anxiety, so we’ve put together a list of resources to help you understand the concept better. We’ll help you to be compliant and to be aware of all the important tax dates.

Should you need more guidance at any time, send us an email or call us to chat to our friendly team.

Ghana tax dates you must know

Have you planned to be tax compliant this year? Tax planning is the act of increasing tax savings by taking advantage of tax reliefs and avoiding penalties for late filing. To help you plan and make appropriate decisions, these are the forthcoming tax deadlines:

  • Corporate Income Tax
  • Employment Income Tax
  • Transfer Pricing

Important Tax Law Changes (effective January 2023)

The government of Ghana outlined tax policy measures in the 2023 Budget statement. The proposed policy was brought into effect when the Parliament of Ghana assented Value Added Tax (Amendment) (N0 2) Act 2022 (Act 1087) and Electronic Transfer Levy (Amendment) Act 2022 (Act 1089).

In this update we highlight the key provisions in the amended acts and its impact on the taxpayer.

The Effects of the Proposed Changes in VAT in Ghana

The Government of Ghana has, in its mid-year review of the budget, proposed changes to VAT. The changes will convert portions of the existing VAT into levies. The proposed changes are as follows…

How to get a Tax Clearance Certificate (TCC) without Hassle

Do you know that, at some point, you’ll need a tax clearance certificate to carry out certain transactions? Don’t leave it too late! To avoid the hassle of getting a Tax Clearance Certificate when you need it, prepare well ahead of time.

So, what do you need to do to prepare? Read on to find out…

Records to keep for Ghana Value Added Tax Purposes

VAT/NHIL (National Health Insurance Levy) is a consumption tax imposed on the price a consumer pays for goods and services. In Ghana, persons eligible for VAT registration include an individual, a limited liability company, a partnership, a branch of a business or a group of corporate bodies. As a general rule, a person must register for VAT if…

Surviving a Ghana Revenue Authority (GRA)Tax Audit

Every so often, the Ghana Revenue Authority (GRA) may conduct an audit of a taxpayer. And the typical reaction when a taxpayer gets a notice of an audit is anxiety, and sometimes fear. That is perfectly understandable.

However, the best way to combat this is preparation. Start by arranging your affairs on an ongoing basis, so that you are compliant with the tax laws. Prepared or not, you need to remain calm, and approach the audit rationally.

This blog provides guidance on how to deal with an audit so that you achieve a favourable outcome.

Download our guide to a Permanent Establishment

Any entity wishing to conduct cross-border business must contend with the issue of how any income generated from its operations will be taxed (distributive rules) by a minimum of two countries.

Keep up-to-date with our Tax Rates Card

Often announcements can contain many fundamental taxation changes which will affect your business and your personal lives for years to come.

Our tax card provides an invaluable source of information to help you get to grips with any changes in tax legislation and allowances.

The tax card will remain on our site for you to refer to as and when you need it, but don’t forget we’re here to help you navigate your way through the tax maze if you have any questions.