Low Taxation Levels


Typical Concerns:
 
  • What are the personal and business tax rates in Ghana?
  • How do tax rates in Ghana compare with other countries?
  • What are the tax regulatory bodies in Ghana?
  • Who are the qualified tax specialists in Ghana?
  • Why do I need a qualified tax expert?
  • How do I find qualified tax experts?
 
Solutions:
 
  • Personal and business tax rates

The PKF Ghana Tax Guide and other links below outline the various tax rates in detailed form.

  • Comparative tax rates

The Doing Business In Ghana- Tax Report outlines the tax rates that the World Bank used to compare countries around the world. Ghana ranked 79th lowest of 183 economies in paying taxes.

  • Tax regulatory bodies

The Ghana Revenue Authority (GRA) is the umbrella taxing agency. The Ghana Internal Revenue Service (IRS), Customs Excise and Preventative Service (CEPS), and Value Added Tax (VAT) all operate under this umbrella.

  • Qualified tax experts

Qualified Tax experts include Chartered Accountants and Tax Attorneys.

  • Why an expert?

It requires considerable expertise to make certain that tax payments are made for the right amount, at the right time, and include all of the potential deductions and credits. Tax experts are also important in planning and budgeting phases.

  • Locating tax expert

Chambers of Commerce and Attorneys are good referral sources for tax experts

Helpful Resources:
 
 
Industry Specialists:
 
  • Chartered Accountants
  • Tax Attorneys