Overtime work may simply refer to the situation where an employee works over the normal number of hours to be worked as per the laws of Ghana and the regulations governing the firm he or she works for. For example, if an employee works for 9 hours when the normal hours fixed by the firm is 8 hours, the additional…
Tax refers to a levy placed on usually incomes earned or on goods and services as a way of raising revenue to primarily support developmental projects. Taxes are broadly in two forms: direct and indirect. While the former is levied on incomes of individuals and on earnings from property, the latter is charged on goods and services. There are a…
A new year is fast approaching, and every business owner is looking forward to a much more promising year ahead. There were peak seasons of great sales and months that didn’t look as good; direct or indirect costs were too much to control due to internal and external business pressures. Anyways, 2019 is coming with its own expectations and business…
In Ghana, taxes are the main source of revenue to the government. This is generated directly from income from employment, business and investment and also indirectly, from goods and services purchased. Excise tax is a form of indirect tax imposed on particular goods such as alcoholic beverages, tobacco products, gasoline, and many others. Over the period, it has been observed…