On 31stMarch 2021, the president assented to the Covid-19 Health Recovery Levy Act, 2021 (Act 1068). This levy will become effective 1stMay 2021. The 2021 budget proposed a one percent (1%) Covid-19 Health Recovery Levy against the backdrop of spending emanating from the Covid-19 Pandemic. The Covid-19 Health Recovery Levy will be a stand-alone levy […]
Tag Archives: COVID-19
Compared to our competitors, SCG survived the lockdown and the economic slowdown much better than we feared. We worked throughout the lockdown and have largely executed our plans. We will not achieve our original targets, but we kept all our staff and did not cut pay. Anxious Times As the pandemic decimated businesses in Europe […]
GRA has responded to the disruptions to business by the Coronavirus and introduced measure to ease tax compliance. The highlights of the measures are: Taxpayers who redeem all their outstanding debts due GRA by June 30, 2020, will be granted a remission of penalties on their principal debts. Donations and contributions toward fighting COVID-19 pandemic […]