The Ghana Revenue Authority, GRA has commenced the implementation of some six tax reliefs introduced by the government as part of efforts to cushion taxpayers against the impact of the COVID-19 pandemic and support efforts by small and medium-sized businesses to create jobs.
Ghana’s Finance Ministry has issued a lengthy statement to justify its rejection of the country’s latest rating by the international ratings agency, Moody’s.
Consumers may have to pay an increase of about eight to twelve percent from February for some commodities should the Ghana Revenue Authority (GRA) implement the amended Value Added Tax (VAT) rate.
Director for Centre for European Studies and Political Science lecturer, Dr. Asah-Asante has explained some reasons why Ghanaians are opposed to the E-Levy.
Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Ghana’s long-term issuer and senior unsecured debt ratings to Caa1 from B3 and changed the outlook to stable from negative.
Deputy Majority Leader, Alexander Afenyo-Markin, has said the Finance Minister will today withdraw the controversial E-Levy Bill, adding it may be reintroduced next week Friday.
Institute for Energy Security (IES) has said in a report that the decision by the government to suspend the Price Stabilisation and Recovery Levy (PSRL) has proven unrealistic for tackling rising prices at the pumps.
