Economy of Bangladesh

Stop Charging VAT On Financial Services

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The Ghana Revenue Authority (GRA) has warned financial institutions to discontinue charging Value Added Tax (VAT) on financial services. Acting GRA Commissioner-General, Emmanuel Kofi Nti, in a statement Wednesday said the tax has been abolished as part of government’s tax reliefs announced in the 2017 budget. He said the tax cancellation was given effect when … Read more

GRA Discontinues VAT On Financial Services

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Tax cut is intended to some relieves to financial institutions The Ghana Revenue Authority (GRA) has discontinued the 17.5% Value Added Tax (VAT) imposed the on financial service in the country. According to the letter dated April 18, 2017, and signed by the Acting Commissioner General of the Ghana Revenue Authority, Emmanuel Nti, the discontinuation … Read more