Withholding Tax Ghana PDF Form
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People also ask
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What is the penalty for withholding tax in Ghana?
Penalties. Where tax is not paid by the due date, a penalty is calculated at 125% of the statutory rate, compounded monthly, and applied to the amount outstanding at the start of the period. -
What is the withholding tax in Ghana?
The general withholding tax rates for payments for contracts for the supply or use of goods, supply of works and for the supply of any services involving one resident person to another resident person ranges from 3% to 7.5% and is on account of tax liability.
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