The Ghana Revenue Authority (GRA), has notified ride-hailing vehicle owners of a new tax policy, known as the Vehicle Income Tax (VIT) which will take effect from January 1.
In a notice issued by the Authority, it said the levy is in accordance with Section 22 of Regulations 2016, LI 2244 which indicates that “any commercial vehicle owner that earns income from the operation of a commercial vehicle shall pay income tax quarterly.”
The Authority, therefore, urged ride-hailing companies operating in Ghana – Uber, Yango and Bolt – to update their digital platforms to incorporate the new tax requirements.
The guidelines outlined for these companies include the demand for a softcopy of the VIT sticker, validation of sticker authenticity with the GRA, and quarterly submission of the list of all vehicles on their platform to the GRA.
The GRA emphasised that these requirements will be enforced starting January 1, 2024.
GRA also asked ride-hailing vehicle owners to register their vehicles at any of the GRA offices to “enable them to make payment for VIT using the shortcode *222#.”
Latest Stories
-
WASCAL holds sub-regional workshop on reducing greenhouse gas emissions and food security
6 mins -
May 9 Disaster: ‘We should set a benchmark to prevent future occurrences – Herbert Mensah
12 mins -
Voter registration: Applicants failing to provide proof of their residence worrying – Juaboso EC
20 mins -
Bahamas Relays: Athletes did not pre-finance participation – Ghana Athletics
30 mins -
Team Eternity Ghana dominates Ghana’s Apple Music chart; tops with ‘Defe Defe’
40 mins -
May 9 disaster: “Nothing will ever eradicate the horrors of that night” – Herbert Mensah
48 mins -
April breaks global temperature records for 11th month in a row
1 hour -
Ghana Badminton announces scholarship program for 100 players
2 hours -
“We are on a mission” – Laryea Kingston
2 hours -
Tiwa Savage triumphs in the film ‘Water and Garri’
2 hours -
Rick Ross applauds Medikal for O2 concert, hints at collaboration
2 hours -
Limited Voter Registration Exercise: Offline voter registration to commence today
2 hours -
Amend reliefs seeking to disqualify Mahama from 2024 presidential election – Supreme Court directs Ken Kuranchie
2 hours -
Make GNPC great again – Asantehene to new CEO
2 hours -
Ghana’s Alfred Duncan helps Fiorentina book Europa Conference League final spot
2 hours