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Tax on financial services abolished

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The Ghana Revenue Authority (GRA) has asked financial institutions to stop charging the 17.5 percent VAT on financial services.

A statement released by the GRA said the tax has been abolished as part of government’s tax reliefs announced in the 2017 budget statement.

Below is the full statement from the GRA:

GRA

 

By: Offei-Akoto Ayeh/a1radioo0nline.com/Ghana

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