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Ghana

Small retailer scheme

Other indirect taxes

The intention has been that small retailers should charge a standard rate of VAT on taxable supplies, hence the introduction of the VFRS on 1 September 2007, which charges 3% on taxable supplies made by operators.

Import duty

Import duty ranges from 0% to 20%, depending on the degree of luxury of the goods as specified under the Harmonised System and Customs Tariff Schedules.

to levy excise duties on all imports and domestic supplies of eligible goods, such as tobacco, vehicular and alcoholic products. The imports that will attract excise duty include those that have local equivalence.

Stamp duty

Transfer of a business

The transfer of a business is VAT exempt.

Warranty repairs

No special rules apply in this regard. However, if the warranty is deemed to be part of a taxable service, it will attract VAT and NHIL.

Excise duty

Excise duty is limited in scope and is charged on some locally manufactured products, especially on tobacco and alcoholic and nonalcoholic beverages. The import of tobacco and beverages attract import excise duty. In the 2009 Budget, the Government has proposed

Stamp duty rates vary, depending on the kind of transaction.

PwC contact person

Contact details

Darcy White George Kwatia Isaac Nyame Lydia Pwadura Gifty Matey

darcy.white@gh.pwc.com george.kwatia@gh.pwc.com isaac.nyame@gh.pwc.com lydia.pwadura@gh.pwc.com gifty.matey@gh.pwc.com

Physical address

Postal address

Telephone numbers

Internet details

No. 12 Aviation Road, Una Home, 3rd Floor, Airport City, Accra, Ghana

PMB CT 42, Cantonments, Accra, Ghana

Tel: +233 21 761500 Fax: +233 21 761544

www.pwc.com/gh pwc.ghana@gh.pwc.com

Contact details – PricewaterhouseCoopers, Ghana

PricewaterhouseCoopers 65

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