Ghana
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A digitally advanced fiscalization model with real-time communication of data with the tax authority has been introduced starting in 2022.
Ghana
Fiscalization is mandatory for all VAT payers. Communication between businesses and the tax authority is conducted in real-time. Transaction data is sent to the tax authority through a network, facilitating efficient monitoring of sales and services provided to customers. To ensure accuracy and reliability, POS applications undergo certification and need to be integrated with the Ghana Revenue Authority's system. The GRA is the official tax authority responsible for overseeing fiscal obligations.
Type of fiscalization: online-software based fiscalization
Latest news for Ghana
See moreGhana's E-VAT Status: GRA exceeds a preset target
Ghana
Author: Tara Nedeljkovic
The Ghana Revenue Authority (GRA) has announced that it has exceeded its target of signing on 600 large companies on its Electronic (E)-VAT platform by over 40 companies. In May 2024, the GRA stated the aim to bring onboard over 600 large companies onto its E-VAT system by June of the same year to enhance revenue collection and monitoring. Speaking at one of the meetings, the Board Chair of GRA,... Read more
The Ghana Revenue Authority (GRA) has announced that it has exceeded its target of signing on 600 la... Read more
The GRAs’ informative statement regarding the implementation of the E-VAT system in Ghana
Ghana
Author: Kristina Dosen
The Ghana Revenue Authority (GRA) is in the process of rolling out an electronic VAT invoicing system that will assist businesses and the authority in obtaining real-time monitoring of VAT transactions. More on deadlines and some specifics are as follows. No later than June 2024, six hundred (600) VAT-registered taxpayers will be onboarded into the system to issue electronic VAT invoices based on... Read more
The Ghana Revenue Authority (GRA) is in the process of rolling out an electronic VAT invoicing syste... Read more
New document was uploaded: Overview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
This document contains an overview of the presence of fiscalization and its types in all European co... Read more
Ghana Revenue Authority's E-VAT journey - from pilot to full implementation
Ghana
Author: Kristina Dosen
The Ghana Revenue Authority published a media release note to enable more clarity on its implementation of the E-VAT system. Notably, the rollout of the E-VAT system has been conducted using a phased approach from the start and will continue in that way. Let's delve deeper into this topic. In that regard, the Pilot Phase has successfully passed: A highly successful pilot has been completed with 5... Read more
The Ghana Revenue Authority published a media release note to enable more clarity on its implementat... Read more
Ghana's dual approach when it comes to fiscal receipt forms
Ghana
Author: Kristina Dosen
In Ghana, the flexibility in issuing fiscal receipts is notable, as taxpayers are provided with multiple options for how they can deliver these receipts to their customers. Specifically, there are two principal forms of receipts that are allowed to be used and include printed and e-receipts. Printed Receipts: These are the traditional hard-copy receipts that can be provided by retailers during... Read more
In Ghana, the flexibility in issuing fiscal receipts is notable, as taxpayers are provided with mult... Read more
New document was uploaded: Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in th... Read more
Latest document for Ghana
See moreOverview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
This document contains an overview of the presence of fiscalization and its types in all European co... Read more
Digital Product Passport
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more
Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in th... Read more
Recorded webinar: It’s time to grow together
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features. Read more
In this discussion, we have introduced our new partner program and what is essential for internation... Read more
Overview of the e-invoicing systems in Europe
This document represents an introduction to the types of e-invoicing models in European countries as well as the key conclusions made during this research. Read more
This document represents an introduction to the types of e-invoicing models in European countries as... Read more
The content of fiscal receipt in Ghana
Ghana
Author: Tara Nedeljković
This document aims to lay out the elements of fiscal receipts and describe the purpose of each of these elements, such as type of transaction, signature, rate of tax, etc. Read more
This document aims to lay out the elements of fiscal receipts and describe the purpose of each of th... Read more
Important characteristics of the fiscalization system – Ghana
Ghana
Author: Tara Nedeljković
This valuable document is a yes-or-no-based analysis that represents the general fiscal requirements in Ghana. It addresses the main characteristics of the elements necessary for successful fiscalization with useful comments. For example: - Is there a hardware fiscal device usage? - Is a POS application certification needed? - Is there direct communication with tax authorities? - Is a layout of receipts defined? Please be free to read or download the document we have carefully prepared for you. Read more
This valuable document is a yes-or-no-based analysis that represents the general fiscal requirements... Read more