Taxation Lectures || Withholding Tax (Part 1) || Taxation in Ghana

Taxation Lectures in Ghana (Withholding Tax in Ghana) - This video introduces students to the relevant principles and concepts of Withholding Taxes based mainly on the provisions of the Income Tax Act, 2015 (Act 896) as amended and the Income Tax Regulations, 2016 (L.I. 2244).
It effectively covers the relevant tax syllabus of the Institute of Chartered Accountants (Ghana), the Chartered Institute of Taxation (Ghana), Bachelors and Masters level tax courses and Law School courses on the 'Law of Taxation in Ghana'.
- Don't forget to SUBSCRIBE to our channel, because that way, you are guaranteed not to miss any future content.
Follow us on
Twitter: / taxlawgh
LinkedIn: / taxlawgh
Instagram: / taxlawgh

[@TaxLawGH]

To study with us LIVE, register for our premium Full Tuition Program using any of the links below:
- ICAG: taxlawgh.com/icag
- CITG: taxlawgh.com/citg
For other programs (Undergraduate, Post Graduate, LLB), register for our "Principles of Taxation" course on the below page
- taxlawgh.com/icag

[@chirawurahjonas1289]

I WANT TO THANK TAX LAW GH FOR HELPING ME PASS MY EXAMS IN TAXATION,AM SO GRATEFULL,THANK YOU SO MUCH

[@TaxLawGH]

A big big congratulations to you. This is really good news. We’re glad to hear you found our videos really helpful in passing your exams!

[@patrickquansah2135]

Helloo good evening please thank you soo much for the enlightenment in the tax laws of Ghana we are most grateful.
Please I would like to know why we calculate the withholding for income on the gross amount exclusive of NHIL AND GETFL but when calculating for WHT VAT u included the NHIL and GETFL before calculating the rate on them . Many thanks sir

[@TaxLawGH]

Hello Patrick. We’re glad to hear you find our videos very helpful. On your question, to avoid sounding too technical here, this is the very simple explanation.
Income tax withholding is an “income tax” concept. As such, the withholding must be on the person’s “income”. You’ll agree with us that all those taxes (NHIL, GETFL and now the new 1% COVID-19 HRL) are not part of the person’s income, but rather taxes the person is only collecting on behalf of the GRA.
For WHVAT, this is actually a VAT concept. The VAT Act is clear that the base for withholding is the “taxable value” for VAT, which is the value inclusive of all the levies mentioned above (but excluding VAT itself). We hope this clarifies

[@maxwelldzirasah8999]

Boss, pls can i get a bind document of your lecture note on taxation. thank u

[@TaxLawGH]

Unfortunately, this isn’t available

[@sethyevugah9604]

Please do you have CIT video for final level 1.

[@SammybbeePhotos]

What qualifies as works