The Impact of Capital Allowance on Fixed Assets: The Benefits to Your Business
Capital Allowance: is a practice of allowing a company to get tax relief on tangible capital expenditure by allowing it…
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How Does Withholding Tax Computations Work And Why Is It Relevant?
Compliance with withholding taxes like any other tax obligations is very crucial for any business. In doing so, you save…
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How to Invoice with the new VAT system in Ghana [template provided]
Well, the new Value Added Tax (VAT) was brought into force last year but we still receive invoices from vendors…
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Retirement contribution : A smart way to cut taxes.
As a small business entrepreneur, you are encouraged to sign on to the compulsory Social Security contribution of 5.5% of…
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What to know about VAT registration
Many have heard about the Valued Added Tax (VAT) system in Ghana. While some have an appreciable knowledge of what…
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What you need to know about taxes in Ghana [Infographic]
Taxation remains one of the pain points of entrepreneurs, especially first time founders. This month, we partnered with the We…
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Gaining more insight into VAT: Which activities attract VAT?
It has been said that “ignorance of the law is no excuse”. Many people have fallen victims of various laws…
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Understanding the subject of overtime payments and their tax implications
Overtime work may simply refer to the situation where an employee works over the normal number of hours to be…
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Fulfilling Tax Obligations: A Study of Value Added Tax (VAT) In Ghana
Tax refers to a levy placed on usually incomes earned or on goods and services as a way of raising…
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