Audio By Carbonatix
The Ghana Revenue Authority (GRA) has directed the Ghana Banking Association to begin submitting the tax component of the clothing allowance of its members.
“As was discussed in relation to taxation of Clothing Allowance paid by members of your Association, we wish to reiterate our position that clothing allowance unless it is reimbursable, is a taxable allowance,” the GRA said in a letter to Ghana Banking Association.
Read the full letter below.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
2025 BoG GH¢15.7bn loss was a peak, future results expected to improve – Atta Issah
4 minutes -
Embrace skills training for successful reintegration – YEA HR Director urges inmates
17 minutes -
BoG’s GH₵15bn loss does not affect monetary policy – Majority
22 minutes -
Minority accuses Majority of attempting to “shift public perception” ahead of BoG’s GH¢15bn publication
28 minutes -
Kick Nation secures Ipswich Town trial for Ghanaian youngster Philip Frimpong
32 minutes -
MTN Ghana hosts first Digital Music Conference to tackle artistes revenue challenges
39 minutes -
Ghana heads to Rabat for African Open Government Conference
42 minutes -
Ghana tilting towards the abyss while waiting for doomsday
1 hour -
Pragya and tipper truck head-on collision claims teacher’s life at Asante Mampong
2 hours -
10 illegal miners remanded into prison custody for mining under ECG high-tension poles
2 hours -
Bank of Ghana expected to post GH¢15.6bn loss for 2025 financial year
2 hours -
House of Chiefs urges Ghanaian workers to commit to environmental protection
2 hours -
OSP saga: A legal analysis demonstrating that A-G authorization was long granted
3 hours -
Fifth unit at Akosombo goes live as grid recovery nears final stages
3 hours -
WAJESHA condemns SA xenophobic attacks, warns of growing public and mental health crisis
3 hours