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25-514: [REDACTED] Look up gra in Wiktionary, the free dictionary. GRA or Gra may refer to: Government and politics [ edit ] Gender Recognition Act 2004 , a British act of law Genootskap van Regte Afrikaners ("Society of Real Afrikaners"), which promoted Afrikaner culture and language Ghana Revenue Authority Gibraltar Regulatory Authority Gobabis Residents' Association ,

50-402: A large taxpayer. Taxpayers within the turnover bracket of GH¢90,000 up to GH¢5 million are categorized as medium taxpayers, while those with an annual turnover of less than GH¢90,000 are classified as small taxpayers. The GRA announced that from 1st April, 2022, it will no longer accept manual tax returns from specified group of taxpayers but instead, returns will have to be filed through

75-770: A political party in Namibia General Resources Account, principal account of the IMF Transportation [ edit ] Granby station , in Colorado, United States Grande Raccordo Anulare , a highway in Rome, Italy Grantham railway station , England (National Rail station code GRA) Other uses [ edit ] Garda Representative Association , a statutory representative body for Irish police officers Georgia Research Alliance , an American non-profit organization Girls Rodeo Association , now

100-810: Is complemented by tapping the expertise of stakeholders drawn across several economic and social sectors is geared toward the formulation of effective and sustainable policies designed to enhance tax revenue collection by the Authority. Taxpayers registered with GRA are segmented into three identifiable groups that is Large, Medium and Small based on defined criteria. Taxpayers with an annual turnover of over GH¢5 million are classified as large taxpayers. This category also includes specialist industries irrespective of their turnover. These are upstream and midstream petroleum companies, banking institutions, insurance companies, mining companies and quarries, and members of groups of companies where at least one member qualifies as

125-466: The 70 percent to the respective MMDAs. This new partnership seeks to raise not less than 1.77 billion Ghana Cedis yearly. Aside conducting training for the various assembly staff across the country, a total of 5000 Technical Support Officers (TSOs) and Client Support Officers (CSOs) were deployed in the late first quarter of the year 2023 by the GRA to assist property rate payers in the various MMDAs across

150-714: The Authority called the Commissioner-General are appointed by the President of the Republic of Ghana https://gra.gov.gh/customs/ . The Authority has three main divisions, namely Customs Division (CD) which are the customs, Domestic Tax Revenue Division (DTRD) which include The Audits, The Tax Force, etc. and Support Services Division (SSD) which are the Administration, IT, Account, etc. which are all headed by The Ghana Revenue Authority has been charged to perform amongst others,

175-670: The Authority is required to assist taxpayers to understand and meet their tax obligations by providing robust and comprehensive advice. Since its inception the GRA has integrated the four revenue institutions namely the Customs, Excise and Preventive Service (CEPS), the Internal Revenue Service (IRS), the Value Added Tax Service (VATS) and the Revenue Agencies Governing Board (RAGB). In December 2009,

200-737: The Customs Division, to test the Uni-Pass clearance system at the Takoradi Port . This system handles all paperwork and payments at one point, an improvement on the previous system, which processed all the operations in several offices. This was after its successful implementation at the Aflao Collection Point in the Volta Region . The Ghana Revenue Authority has announced the implementation of amendments to several tax laws, notifying

225-525: The GRA is part of the reforms in revenue administration of tax collection in Ghana which began in the mid-eighties when CEPS and IRS were taken out of the Civil Service and made semi-autonomous and self-accounting public sector institutions with separate boards. The National Revenue Secretariat (NRS) was set up to formulate revenue policies, manage tax reforms and supervise the activities of CEPS and IRS. In 1998,

250-455: The IMF Transportation [ edit ] Granby station , in Colorado, United States Grande Raccordo Anulare , a highway in Rome, Italy Grantham railway station , England (National Rail station code GRA) Other uses [ edit ] Garda Representative Association , a statutory representative body for Irish police officers Georgia Research Alliance , an American non-profit organization Girls Rodeo Association , now

275-599: The VAT Service was established to administer VAT and other consumption taxes. RAGB also began operations in 2001 to supervise and monitor the operations of the revenue agencies. In 2002, the Taxpayer Identification Number (TIN) was introduced to enhance information interchange and risk profiling. Then in 2004, the Large Taxpayer Unit (LTU) was set up to operate on functional lines as a pilot programme for

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300-532: The Women's Professional Rodeo Association Glucocorticoid remediable aldosteronism Grey relational analysis Greyhound Racing Association Vilna Gaon (1720–1797), Polish-Lithuanian Jewish scholar, referred to as the Gra Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title GRA . If an internal link led you here, you may wish to change

325-431: The Women's Professional Rodeo Association Glucocorticoid remediable aldosteronism Grey relational analysis Greyhound Racing Association Vilna Gaon (1720–1797), Polish-Lithuanian Jewish scholar, referred to as the Gra Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title GRA . If an internal link led you here, you may wish to change

350-538: The country to register and pay their property rates. In July 2023, the Chamber of Local Governance (ChaLoG) petitioned the Economic and Organized Crime Office (EOCO) to investigate what it termed an illegal lodgment of government funds into the account of a private company—Digital City Solutions Limited (DCS). ChaLoG alleged that GRA is being used a decoy by DCS for the collection of property rate tax. They maintained such an act

375-473: The country using a Unified Common Property Rate Platform. This Unified Common Property Rate Platform also known as MYASSEMBLY.GOV.GH is a complete end-to-end district revenue collection and administration platform designed to enhance the collection and accounting of property rates. The partnership will see the tax authority receive 30 percent of the property revenue mobilization to cover for systems, logistics and other financial overheads accrued and will credit

400-599: The effective implementation of its Informant Reward Scheme (IRS), the Ghana Revenue Authority (GRA) managed to recover more than $ 93 million from multinational and local companies operating within the country. Tax revenue generation is based on clearly defined tax policy measures. GRA remains a key partner of the Tax Policy Unit of the Ministry of Finance and Economic Planning (Ghana) . This collaboration which

425-516: The electronic transmission of data over communications networks like the internet. A nine-member governing board of directors, consisting of both public and private sector experts, makes policy decisions to be implemented by GRA Management. The Board also makes recommendations to the Minister of Finance on tax policy, reform and legislation. The chairman of the Board as well as the chief executive officer of

450-521: The following functions as enacted by Act 791: The Ghana Revenue Authority is reminding the public about their informant award scheme, where individuals can receive rewards for providing information that aids in tax recovery. The information should reveal various illicit activities, including tax underreporting, smuggling or diversion of goods, invoice manipulation, failure to provide VAT invoices, record tampering/fabrication, failure to register for taxes, and similar violations. In December 2022, Through

475-476: The four revenue agencies that is Customer Electronic Payment Systems (CEPS), Internal Revenue Service (IRS), Value Added Tax (VAT) Service and Revenue Agencies Governing Board(RAGB) Secretariat were merged in accordance with the Ghana Revenue Authority Act, 2009 (Act 791). GRA thus replaces the revenue agencies in the administration of taxes and customs duties in the country. The establishment of

500-452: The free dictionary. GRA or Gra may refer to: Government and politics [ edit ] Gender Recognition Act 2004 , a British act of law Genootskap van Regte Afrikaners ("Society of Real Afrikaners"), which promoted Afrikaner culture and language Ghana Revenue Authority Gibraltar Regulatory Authority Gobabis Residents' Association , a political party in Namibia General Resources Account, principal account of

525-523: The future integration of tax administration in Ghana as well as to serve the needs of large taxpayers as a one-stop-shop operation. It was envisaged that the integration of the revenue agencies will bring the following benefits to taxpayers and the revenue administration. The Ghana Revenue Authority announced in April 2022 that it will begin collecting value added taxes (VAT) from non-resident companies or persons that conduct business transactions in Ghana via

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550-479: The general public that these changes are now in effect. The GRA has acknowledged that businesses have been given ample time to make necessary system adjustments ahead of tax implementation since the law was enacted. Electronic Transfer Levy (Amendment) Act 2022 (Act 1089) From the year 2023, GRA partnered with the Metropolitan , Municipal and District Assemblies (MMDAs) in the collection of property rates in

575-463: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=GRA&oldid=1187604376 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages gra (Redirected from Gra ) [REDACTED] Look up gra in Wiktionary,

600-408: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=GRA&oldid=1187604376 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Ghana Revenue Authority As part of efforts to improve compliance,

625-603: The taxpayers portal from the effective date. There are various taxes that taxpayers are required to pay. These are grouped into two main headings under the Domestic Tax types. These are the Individual Tax Types and the Business Tax Types. These are These are Importers and Exporter are expected to pay customs duty at the various ports and centres On 21 February 2020, personnel and logistics were distributed by

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