In Ghana, income tax filing is a mandatory requirement for individuals and businesses to comply with the regulations set by the Ghana Revenue Authority (GRA). This comprehensive guide covers the essential details of income tax filing in Ghana. It also emphasizes the importance of compliance with tax laws and regulations. Income tax filing involves submitting an official document by the…
General perception Most small business owners do not see the importance of paying themselves at the end of the month because they have the perception that they own the monies in the business and also, they can pay themselves at any time. Yes, you can pay yourself at any time because you do not report to shareholders or stockholders. You…
While it is common knowledge that doing business involves tax payments, it is vital to reiterate this. In Ghana, some taxes apply to only small businesses though the industry and location in which a small business operate may give rise to other tax obligations or tax exemptions. In this article, I share with you four (4) taxes that generally apply…