{"id":4852,"date":"2023-09-03T13:59:03","date_gmt":"2023-09-03T13:59:03","guid":{"rendered":"https:\/\/newsguideafrica.com\/?p=4852"},"modified":"2023-09-03T13:59:03","modified_gmt":"2023-09-03T13:59:03","slug":"gra-bags-almost-half-a-billion-from-110-e-commerce-coys-in-6-months","status":"publish","type":"post","link":"https:\/\/newsguideafrica.com\/wp-admin\/gra-bags-almost-half-a-billion-from-110-e-commerce-coys-in-6-months\/","title":{"rendered":"GRA bags almost half-a billion from 110 e-commerce coys in 6 months"},"content":{"rendered":"<blockquote>\n<figure id=\"attachment_4853\" aria-describedby=\"caption-attachment-4853\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-4853\" src=\"https:\/\/newsguideafrica.com\/wp-content\/uploads\/2023\/09\/f563b2bcfd8e1540e27ed365a4c075d5.png\" alt=\"\" width=\"300\" height=\"168\" \/><figcaption id=\"caption-attachment-4853\" class=\"wp-caption-text\">GRA Commissioner General\u00a0<\/figcaption><\/figure><\/blockquote>\n<p><span style=\"font-weight: 400;\">The Ghana Revenue Authority collected about GH\u00a2440 million from e-commerce businesses in the country since the introduction of taxes on their services in the second half of 2022.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Authority has disclosed that about 110 firms have registered on the portal and paying their taxes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">According to the Commissioner General of the GRA, the tax ratio is experiencing some astronomical growth as many businesses have been registered in the last few months.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have established an online portal which many online businesses have registered and I\u2019m sure some of you have come across getting VAT whenever you do a Google transaction. And I must mention that in the last six months, we have collected about \u00a2440 million from some of these e-commerce platforms\u201d, Rev. Dr. Ammisshadai Owusu Amoah said when he spoke at the the 11th Annual International Tax Conference in Accra, last week.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u201cNow these platforms work through payment providers in Ghana which are also required to register with the Central Bank and given some additional requirements that must be met before being able to carry out their businesses\u201d he noted.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Speaking on behalf of the president of Ghana, Senior Presidential Advisor, Yaw Osarfo Marfo appealed to the Institute of Taxation Ghana to partner with the Ghana Education Service to formulate policies on tax education.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u201cLet us end this conference with some recommendations and I want to appeal to the Institute of Taxation Ghana to forge a relationship with the Ministry of Education to come up with some teachings on taxation, from the basic level where everyone will feel the patriotism to pay taxes without being asked to do so\u201d he requested.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">President of the Institute, George Ohene Kwatia urged members to enhance their understanding of the country\u2019s tax laws and encourage voluntary payments.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ghana Revenue Authority collected about GH\u00a2440 million from e-commerce businesses in the country since the introduction of taxes on their services in the second half of 2022. &nbsp; The Authority has disclosed that about 110 firms have registered on the portal and paying their taxes. &nbsp; According to the Commissioner General of the GRA,<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,8],"tags":[225,353,384],"class_list":{"0":"post-4852","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-agric-and-environment","7":"category-economy-and-finance","8":"category-news","9":"tag-e-commerce","10":"tag-ghana-revenue-authority","11":"tag-gra"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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