The Ghana Revenue Authority (GRA) has announced that owners of ride-hailing vehicles are to pay Value Income Tax (VIT), effective January 1, 2024.
“Any commercial vehicle owner that earns income from the operation of a commercial vehicle shall pay income tax quarterly,” according to the GRA’s Section 22 of Regulations 2016, LI 2244.
Obtaining a soft copy of the VIT sticker, confirming the sticker’s legitimacy with the GRA, and providing the GRA with a quarterly list of every vehicle on their platforms are among the compliance guidelines.
The deadline for enforcing these regulations is January 1, 2024, as stated by the GRA.
Source: Kasapafmonline.com
