TRAINING SESSIONS
At Virtual Point Associates, we have the best in-house training facilitated by qualified and experienced team of accountants targeted at providing upto date knowledge and skills on all aspects of accounting, audit and tax.
Training sessions are held once every month to refresh staff memory on various accounting standards and underlining principles to guide their efficient delivery of related client duties.
IS IT COMPULSORY TO FILE TAX RETURNS AT GRA ?
It is the employer’s responsibility to file monthly tax returns on behalf of its employees. The employer is required to withhold the employees’ taxes and pay to the Ghana Revenue Authority (GRA). The tax withheld must be filed and payment made by the 15th of the month following the month in which the tax is withheld.
Additionally, the employer shall, not later than 30 April following the end of every year of assessment, furnish an Employer’s Annual Tax Deduction Schedule which shall specify tax withheld in respect of each employee employed by the employer who derives assessable income for the year from the employment. The return is required to outline salaries paid to each employee, exemptions, tax reliefs, chargeable income, tax due and tax paid.
What is the tax year-end?
31 December
What are the compliance requirements for tax returns in Ghana?
NEW TAX AMMENDMENTS
The new applicable graduated tax schedule for resident individuals is as follows: The Government of Ghana has passed various amendment. The revised personal income tax band took effect from 1 January 2020. The annual maximum tax rate applicable on chargeable income exceeding GHS 240, 000 remains at 30 percent.
PAYROLL MANAGEMENT SERVICES
Efficient payroll management has become a necessity for every organization in order to simplify payroll, boost productivity, and improve administration. We, at VPA are a leading Outsourcing and Payroll Management Services provider through our delivery centers globally.
We are the most trustworthy and dependable service provider in the industry.
COMPUTER SYSTEMS TRAINING
Virtual Point Associates specializes in software training over 3-delivery platforms that include on-demand online software training videos, live software training webinar classes and onsite software training classes on location at a conference or meeting room near you. For over 5-years we have taught computer soft skills that users need most.