We are pleased to present the September issue of SKP Global
Updates – our newsletter that covers employment, payroll,
Goods and Services Tax (GST)/Value Added Tax (VAT) and Corporate
Tax related developments globally.
The key highlights of this issue include, Minimum and Maximum
National Pensions Fund (NPF) and National Savings Fund (NSF)
Contribution – Notice to Employers in Mauritius, New Increase
in Retirements, Pensions, and allowances in Argentina, New
Compliance - Payday filing in New Zealand and Post graduate loans
in UK.
Ghana
Ghana VAT Rate Restructured to 12.5% and Increase in Rate has
been Abandoned
It is confirmed that the rise in VAT rate has been abandoned,
and has been restructured to 12.5%. The National Health Levy of
2.5% from the combined rate of 15% has been split out. The rate was
increased, in the past, from 12.5% to the current 15% in January
2014.
