{"id":28322,"date":"2014-06-30T06:59:58","date_gmt":"2014-06-30T06:59:58","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=28322"},"modified":"2014-06-30T06:59:58","modified_gmt":"2014-06-30T06:59:58","slug":"govt-suspends-implementation-of-17-5-vat","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/06\/govt-suspends-implementation-of-17-5-vat\/","title":{"rendered":"Gov\u2019t suspends implementation of 17.5% VAT"},"content":{"rendered":"
Citi Business News<\/strong> has gathered that government has directed the Ghana Revenue Authority (GRA) to suspend the implementation of the 17.5 percent Value Added Tax (VAT) charges on non-core financial services.<\/p>\n Industry, the Private Enterprise Federation (PEF) and unionized workers have been pressurizing government to withdraw the 17.5 per cent VAT.<\/p>\n According to them, the move will further cripple their businesses which are already reeling under the pressures of power interruption and unfavourable business environment.<\/p>\n It is unclear yet if government is suspending the implementation of the 17.5 percent VAT because of the pressures from these quarters.<\/p>\n Meanwhile, the Ghana Revenue Authority is expected to officially announce the decision today and explain the reasons for the suspension.<\/p>\n <\/p>\n By: Nana Boakye-Yiadom\/citifmonline.com\/Ghana<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Citi Business News has gathered that government has directed the Ghana Revenue Authority (GRA) to suspend the implementation of the 17.5 percent Value Added Tax (VAT) charges on non-core financial services. Industry, the Private Enterprise Federation (PEF) and unionized workers have been pressurizing government to withdraw the 17.5 per cent VAT. According to them, the […]<\/p>\n","protected":false},"author":5,"featured_media":27966,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[19],"tags":[43,38,4],"yoast_head":"\n