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25-809: As part of efforts to improve compliance, 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,

50-401: 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

75-756: 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

100-561: Is located in the industrial district of Sekondi-Takoradi and is the oldest harbour in Ghana. The Takoradi harbour, along with the Tema Harbour , are the only harbours in the country. The idea for the construction of the port was first advocated in 1895 by consulting engineers of the British government . The engineers proposed that the harbour when constructed could serve both as a terminal port for

125-646: Is the Government of Ghana agency responsible for the mobilization of tax for the government. It was merged to the Ghana Revenue Authority as a result of the Ghana Revenue Authority Act of 2009. This Ghana -related article is a stub . You can help Misplaced Pages by expanding it . Takoradi Harbour The Takoradi Harbour is a harbour located in the Western region of Ghana . It

150-455: The Sahel region of Africa. Some of the countries are Mali , Burkina Faso and Niger . The harbour transits large volumes of cargo for these countries. The harbour handles 37% Ghana's seabourn traffic and 62% of national exports. It receives 20% all the imports that the country receives. In July of 2004, it was announced that a $ 250 million modernization project which was to upgrade the harbour

175-631: The Tarkwa railway project and a naval port to serve the British empire in war times. The site for the harbour was proposed at the Amanful village which sat in the bay of the harbour today. Following surveys and planning, the construction of the port begun in 1921 by then governor of the Gold Coast , Sir Gordon Guggisberg and was completed in 1928. The Takoradi harbour is 230 kilometres (140 mi) from Accra ,

200-418: 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

225-713: 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,

250-729: 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

275-476: 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,

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300-598: 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

325-482: The capital of Ghana . The port receives and exports high volumes of cargo. The management of the harbour is the responsibility of the Ghana Ports and Harbours Authority . The harbour serves as the main export port for Ghana. It handles 65% of total export with about 600 vessels visiting it. The main exports from the harbour are: The harbour also serves the international trade purposes of land locked countries in

350-537: 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

375-470: 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

400-597: 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

425-515: 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

450-518: 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

475-472: 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

500-522: 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

525-475: 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

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550-416: The harbour. This was to make the harbour ready for the country's new oil and gas industry. The project was to include the reclamation and redevelopment of the old log pond into an oil services facility. The oil service facility was to support the country's offshore oil production. Other works that were to be included in the project were: In September 2013 a harbour expansion project commenced. The project

575-602: 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

600-551: Was in contravention of the Financial Administration Act, 2003 (ACT 654) and the Financial Management Regulations, 2019 (L.I 2378). ChaLoG stated categorically that their investigation "revealed that the myassembly.gov.gh payment platform account is on the contrary, being managed by DCS and not GRA". E-levy Internal Revenue Service (Ghana) The Internal Revenue Service of Ghana

625-466: Was to begin. The project included the dredging of wharf and construction of container berths to increase the volume of cargo the harbour could handle. The Authority also constructed a 14-metre (46 ft) high wall around the port. The wall was to improve security and prevent the incidence of stowaways. A few years later in July of 2009, the Authority announced a $ 700 million project to rehabilitate and upgrade

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