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APPOINTMENT OF VALUE ADDED TAX WITHHOLDING AGENTS.

The Ghana Revenue Authority (GRA) wishes to inform the general public that to improve Value Added Tax (VAT) compliance and in accordance with the Value Added Tax (Amendment) (No. 2), 2017 (Act 954), the Commissioner-General has appointed the under-listed entities as Value Added Tax Withholding Agents for GRA with effect from Tuesday, 1st May, 2018. 

The duties of the Value Added Tax Withholding Agents are:

a)Withhold from the payment to a registered Value Added trader seven percent (7%) of the taxable output value of standard rated supplies.

b)Issue a Withholding Value Added Tax Credit Certificate in the form   prescribed by the Commissioner-General to the Supplier

c)Submit Withholding VAT Returns and pay the VAT withheld to the Commissioner-General for the period not later than the 15th day of the month immediately following the month to which the returns relate.

 

In effect suppliers of both goods and services to these entities will receive 10½% of the VAT on their taxable transactions while the entities (Withholding Agents) account for 7% directly to GRA.  This arrangement applies only to transactions with the Appointed VAT Withholding Agents.  Entities who are not appointed VAT Withholding Agents are not required to withhold, and therefore are to pay the full amount of VAT to their suppliers.

Suppliers will continue to account for output VAT at 17½% on all taxable transactions and take credit of all allowable input taxes.  The input taxes should include VAT withheld by the Appointed VAT Withholding Agents with their VAT Withholding Certificates issued to them as supporting evidence.

 

FINANCIAL INSTITUTIONS                               PETROLEUM SUB-CONTRACTORS      

NO.

NAME OF TAXPAYER AGENT

 

NO.

NAME OF TAXPAYER AGENT

1

BANK OF AFRICA

 

1

DREDGING INT. SERVICES

2

BANK OF BARODA GH.

 

2

BAKER HUGHES LIMITED

3

BARCLAYS BANK LTD.

 

3

WEATHERFORD GHANA LIMITED

4

CAL BANK

 

4

HALLIBURTON INT. INCORPORATION

5

ECOBANK GHANA

 

5

SCHLUMBERGER SEACO LIMITED

6

ENERGY BANK GHANA

 

6

MODEC GHANA LIMITED

7

FIDELITY BANK LIMITED

 

7

HESS GHANA EXPLORATION LIMITED

8

FIRST ATLANTIC BANK LTD.

 

8

NOV GHANA LIMITED

9

GHANA COMMERCIAL BANK

 

9

TETRA NETHERLANDS BV

10

GUARANTY TRUST BANK

 

10

UNITED STORAGE

11

HFC BANK GHANA LIMITED

 

11

OCEAN RIG GHANA LIMITED

12

NATIONAL INVESTMENT BANK

 

12

MAERSK DRILLING SERVICES

13

PRUDENTIAL BANK

 

13

GULF OFFSHORE

14

ROYAL BANK

 

14

TECHNIP OFFSHORE UK LIMITED

15

STANBIC BANK

 

15

FMC TECHNOLOGIES

16

STANDARD CHARTERED BANK

 

16

EXPRO GULF LIMITED

17

SOCIETE GENERALE GHANA

 

17

DOMINION OIL FIELDS

18

UNITED BANK FOR AFRICA

 

18

CANYON OFFSHORE

19

UNIVERSAL MERCHANT BANK

 

19

BURBON OFFSHORE

20

ZENITH BANK GHANA LTD.

 

20

BRISTOW HELICOPTER

21

UNIBANK GHANA

 

21

BULKSHIP AND TRADE

22

ACCESS BANK

 

22

MI HOLDINGS (BVI) LIMITED

23

AGRICULTURAL DEVELOPMENT BANK

 

23

SIEM OFFSHORE AS GHANA

24

SAHEL SAHARA

 

24

SRI   EMAS LIMITED

25

FIRST NATIONAL BANK

   

TELECOMMUNICATION

26

SOCIAL SECURITY & NATIONAL INSUTRANCE TRUST (SSNIT)

 

NO.

NAME OF TAXPAYER AGENT

27

SIC INSURANCE CO. LTD.

 

1

SCANCOM

28

BANK OF GHANA

 

2

VODAFONE GHANA

29

FIRST NATIONAL BANK

 

3

MILLICOM / AIRTEL

 

MINING SECTOR                                                      GOVERNMENT INSTITUTIONS

NO.

NAME OF TAXPAYER AGENT

 

NO.

NAME OF TAXPAYER AGENT

1

ABOSSO GOLDFIELDS  LIMITED

 

1

CONTROLLER & ACCOUNTANT GENERAL DEPARTMENT

2

ADAMUS RESOURCES GHANA

 

2

MINISTRY OF ROADS

3

ANGLOGOLD ASHANTI (IDUAPRIEM)

 

3

URBAN ROADS DEPARTMENT

4

ANGLOGOLD ASHANTI (OBUASI)

 

4

MINISTRY OF HEALTH

5

CHIRANO GOLD MINES

 

5

MINISTRY OF EDUCATION

6

GHANA BAUXITE COMPANY

 

6

MINISTRY OF WORKS & HOUSING

7

GHANA MANGANESE COMPANY

 

7

MINISTRY OF INTERIOR

8

GOLDEN STAR (WASSA) LIMITED

 

8

MINISTRY OF LOCAL GOVENMENT

9

GOLDEN STAR BOGOSO/PRESTEA

 

9

GHANA REVENUE AUTHORITY

10

GOLDFIELDS GHANA LIMITED (TARKWA)

 

10

GHANA EDUCATION SERVICE

11

MED MINING

 

11

GHANA HEALTH SERVICE

12

NEWMONT GHANA GOLD

 

12

FEEDER ROADS

13

NEWMONT GOLDEN RIDGE

 

13

MINISTRY OF FINANCE

14

NOBLE GOLD BIBIANI LIMITED

 

14

COCOBOD

15

PERSEUS MINING (GH) LIMITED

 

15

NATIONAL COMMUNICATIONS AUTHORITY

16

ASANKO GOLD GHANA LIMITED

 

16

ELECTORAL COMMISSION

17

AFRICAN MINING SERVICES

 

17

GHANA PORTS & HARBOUR

 

MANUFACTURERS

 

18

UNIVERSITY OF GHANA

NO.

NAME OF TAXPAYER AGENT

 

19

UNIVERSITY OF PROFESSIONAL STUDIES

1

UNILEVER GHANA

 

20

KWAME NKRUMAH UNIVERSITY OF SCIENCE & TECHNOLOGY

2

NESTLE GHANA LIMITED

 

21

UNIVERSITY OF CAPE COAST

3

GHACEM LIMITED

 

22

KORLE-BU TEACHING HOSPITAL

4

WILMAR AFRICAN LIMITED

 

23

KOMFO ANOKYE TEACHING HOSPITAL

5

GUINNESS GHANA BREWERIES

 

24

RIDGE HOSPITAL (ACCRA REGIONAL HOSPITAL

6

KAYSEN GAISIE LIMITED

 

25

TEMA GENERAL HOSPITAL

7

ACCRA BREWERY LIMITED

 

26

ACCRA TECHNICAL UNIVERSITY

8

FAN MILK

 

27

KUMASI TECHNICAL UNIVERSITY

 

 

 

28

TAKORADI  TECHNICAL UNIVERSITY

 

OTHERS

 

29

CAPE COAST TECHNICAL UNIVSERITY

1

MERIDIAN PORT SERVICES

 

30

GIMPA

 

 

 

31

VOLTA RIVER AUTHORITY

 

GOVERNMENT INSTITUTIONS

 

32

NATIONAL IDENTIFICATION AUTHORITY

35

MINISTRY OF DEFENCE

 

33

PARLIAMENT OF GHANA

36

UNIVERSITY OF DEVELOPMENT STUDIES

 

34

DRIVER AND VEHICLE LICENSING AUTHORITY

 

COMMISSIONER-GENERAL

#OurTaxesOurFuture

Visit our website: www.gra.gov.gh

 

 

Contact Us

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Tel: +233- (0) 302 904545

or

Tel 2: +233- (0) 302 904546

 

 

 

 

 

 

 

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