Ghanaians Earning Abroad: GRA clarifies tax residency and opens special window for regularization

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Ghanaians Earning Abroad: GRA clarifies tax residency and opens special window for regularization
Ghanaians Earning Abroad: GRA clarifies tax residency and opens special window for regularization

Africa-Press – Ghana. The Ghana Revenue Authority (GRA) has addressed public concerns regarding the tax status of Ghanaians earning income abroad.

The clarification centres on who qualifies as a “resident individual” for tax purposes according to the Income Tax Act 2015.

Who qualifies as a Resident Taxpayer in Ghana?

According to the Income Tax Act 2015 (Act 896), several factors determine resident taxpayer status:

Special Opportunity for Ghanaians with Undisclosed Foreign Income

To ease tax declaration and payment, the GRA has opened a special window for resident individuals to rectify their records and report any previously undisclosed foreign income. This is a chance for eligible Ghanaians to regularise their tax affairs.

Encouragement for Ghanaians Abroad

The GRA strongly encourages all Ghanaians earning income abroad to utilise this opportunity and ensure their tax compliance.

It encourages all eligible Ghanaians to take advantage of this opportunity to ensure their tax records are up-to-date.

By Eben Agyekum-Boateng, 3Business

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