1.0Citi 97.3 FM - Relevant Radio. Alwayshttps://citifmonline.comCiti 97.3 FM - Relevant Radio. Alwayshttps://citifmonline.comrich600338<blockquote class="wp-embedded-content" data-secret="MScdvUb9ZU"><a href="https://citifmonline.com/2015/12/new-income-tax-law-to-allow-carry-forward-of-losses-gra/">New Income Tax Law to allow carry forward of losses – GRA</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://citifmonline.com/2015/12/new-income-tax-law-to-allow-carry-forward-of-losses-gra/embed/#?secret=MScdvUb9ZU" width="600" height="338" title="“New Income Tax Law to allow carry forward of losses – GRA” — Citi 97.3 FM - Relevant Radio. Always" data-secret="MScdvUb9ZU" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> http://4cd.e16.myftpupload.com/wp-content/uploads/2015/12/container.jpg412330Businesses will now be allowed to carry forward their losses for purposes of taxation. This is according to the Ghana Revenue Authority (GRA). The new policy follows the passage of the new Income Tax Act 2015 (Act 896). [contextly_sidebar id=”6WvHmVtQk8yyTCsq6pBwIzYa5HdQltMB”]Businesses were prior to the amendment not granted any form of tax relief over losses made. […]