03/22/2021
SOME experts have expressed confidence that the Bank of Ghana (BoG) will leave its benchmark rate, the policy rate, unchanged tomorrow (Monday) to help dampen the inflationary pressures that the new tax policies portend.
03/22/2021
The C.E.O emphasized that he finds it worrying to witness the action the government has taken against the banking sector because they, as an institution are equally struggling.
03/22/2021
The magnitude of the resources the world stands to gain by creating financial integrity for sustainable development is enormous.
03/17/2021
He contended that the tax was ill-timed, wrongly intentioned and targeted, saying that if implemented, it would make the local banking sector the most taxed in West Africa.
03/12/2021
Seek public buy-in for the State wealth tax proposal
Given that the country’s tax collection deficit stood at Sh109.9 billion in the first six months of the fiscal year, ramping up collections from this group would go a long way in plugging this gap.
03/10/2021
The push to make wealthy individuals pay higher tax rates gained momentum in 2018 but the idea was ultimately dropped.
03/08/2021
Legal awards against the State highlight the heavy price taxpayers pay for unlawful decisions by officials.
03/04/2021
The firm noted that personal income taxes are collected from an increasingly small pool of taxpayers.
02/28/2021
Personal tax brackets and tax rebates will be adjusted in favour of the taxpayer
02/26/2021
It ‘mirrors similar initiatives in US and a number of European territories’
02/26/2021
Government has not given clear guidance on who would be subject to a wealth tax, and the criteria for selection of these persons.
02/25/2021
To overcome this, Treasury intends to tax a retirement fund member when they no longer qualify as a South African tax resident, Keswell said.
02/24/2021
It is high time the Treasury, which appoints members of the tribunal, found ways of fixing the inefficiencies at the judicial body and abuse of its processes by some taxpayers.
02/23/2021
KRA Commissioner-General Githii Mburu last year told Parliament that the agency had witnessed a surge in taxpayers challenging notices for unpaid taxes at the TAT.
02/23/2021
Survey respondents say they anticipate a far more diverse tax risk environment spanning everything from scrutiny of routine business activity, to major, billion-dollar settlements in court.
02/23/2021
The tax statistics for 2020 show that there are 4,337,923 individual taxpayers in South Africa.
02/22/2021
Rather than increase taxes for citizens – who have reached their taxation ceiling – an unprecedented solution may be in order.
02/21/2021
Decision gets stamp of approval of Corruption Watch’s David Lewis, wo urges other audit firms to follow KPMG’s lead
02/21/2021
The small tax base is a symptom of South Africa’s extreme inequality, a legacy of the apartheid system of racial discrimination that disadvantaged the Black majority and ended in 1994.
02/15/2021
Raising the taxes paid by South Africa’s estimated 350 000 wealthiest individuals could deliver much-needed additional revenue to the state’s emptying coffers.