Insights
Tax, payroll and compliance, explained.
Plain-English guides to GRA deadlines, new rules and good financial habits for businesses in Ghana.
From 1 October 2026, all GRA tax filings go through the new ITAS platform. Here is what changes, who must activate, and how to set up your account step by step.
Read the article →
Directors' Duties Under Ghana's Companies Act, 2019: What Every Director Should Know Being a director is not just a title on the company certificate. The Companies Act, 2019 places real duties on directors, and real consequences when they are ignored. Here is what those duties mean in practice.
Payroll and PAYE Basics for Employers in Ghana Every employer in Ghana must deduct SSNIT and PAYE from staff pay and pay them over on time. Here is how the calculation works step by step, with a worked example on the new 2026 bands and the mistakes we see most often.
Ghana Tax Filing Deadlines: Your Calendar for the Rest of 2026 and Early 2027 Missed tax deadlines in Ghana mean interest and penalties that are easy to avoid. Here are the monthly, quarterly and annual GRA and SSNIT deadlines every business needs on its calendar, with the key dates for the rest of 2026 and early 2027.
Ghana's New PAYE Bands from 1 September 2026: What Act 1178 Changes for You The Income Tax (Amendment) Act, 2026 (Act 1178) changed Ghana's PAYE bands from 1 September 2026. The tax-free threshold is up, but not every employee pays less. Here is what changed, who is affected and what employers must do now.
Internal Controls: Simple Ways to Protect Your Business from Fraud and Errors Most business fraud is not sophisticated. It happens because one person controls a process from start to finish and nobody checks. Here are practical controls any Ghanaian business can put in place this month.
Accounting for NGOs in Ghana: Fund Accounting and Donor Reporting Basics NGOs answer to donors, boards and regulators, and each wants to see exactly how money was used. Here are the accounting basics that keep an NGO in Ghana audit-ready and donor-trusted.
Pricing for Profit: How to Know Your True Costs and Set the Right Price Many businesses set prices by copying competitors or adding a quick markup, then wonder why busy months still leave no profit. Here is how to work out what each product or service really costs you, and price accordingly.
Annual Returns and Beneficial Ownership: Keeping Your Company in Good Standing with the ORC Every company in Ghana must file annual returns with the Office of the Registrar of Companies and keep its beneficial ownership details current. Miss them and daily penalties apply. Here is what to file and when.
Employee Records and Contracts: What Every Employer in Ghana Should Keep Good employee records protect both employer and staff. They make payroll accurate, disputes easier to resolve and inspections painless. Here is what every employer in Ghana should keep.
7 Bookkeeping Habits That Save Small Businesses in Ghana Time and Money Good bookkeeping is not about accounting software or big budgets. It is about a few simple habits, done consistently. Here are seven that make month-end easier, loans easier to get and surprises rarer.
Understanding Ghana's VAT Act 1151: Key Changes for Businesses While many of us were celebrating the arrival of 2026, the tax landscape in Ghana shifted beneath our feet. As of January 1, 2026, the new Value Added Tax Act, 2025 (Act 1151) is officially in effect. If you are doing business in Ghana today, be it general trading, consulting, importing or operating a shop, the rules you played by last year might now be putting you at risk of non-compliance. We have analysed the VAT Administrative Guidelines and broken them down into plain terms.
Coping With Tax Law Changes Introduction We conducted two surveys weeks ago on tax law amendments and how individuals and businesses respond to these changes. The results of the survey show that many businesses are quite slow in responding to tax law changes. What could be the cause? Is it that they do not have sufficient information to act immediately and appropriately? Is it that the Regulator is sometimes slow in circulating notices and guides concerning how and when these laws should be implemented? Regardless of...
Preparing For Year-End Audit Is your end of year audit approaching? There's a lot to address, and without adequate preparation or guidance, it can become a complex and frustrating process. Thankfully, we've created a comprehensive checklist with key records your auditor will require to complete the audit. Set the stage for a more pleasant audit experience this year by following this straightforward guide in advance: 👉 The ManualsPolicies and procedures establish a framework for daily operations, ensuring adherence to...
High Five: A Year-end Accounting Guide It is the most wonderful time of the year – the dawn of a new era. But, often times Accountants’ bliss of the new era is cut short when the thought of closing the books strikes. For this reason, Kesmic has put together High Five - A handy 5-step year-end guide to put control in the hands of Accountants to be able to close the accounting year with certitude and in no time, while illuminating business owners on what to expect of their accountants. “The books”, in the context of accounting,...
Smooth Migration: From VFRS to VSRS Introduction Welcome to the VSRS! We are here to help you successfully implement changes in tax laws. As you may already be aware, the Parliament of Ghana passed some laws recently to amend existing tax laws. One of those amendments affects the existing Value Added Tax (VAT) Law. The amendments are also to take effect from January 01, 2022. Abbreviations ● CHRL- Covid-19 Health Recovery Levy ● NHIL- National Health Insurance Levy ● GETFL- GET Fund Levy ● VSRS- VAT Standard Rate Scheme ● VFRS-...
Rather we just handle it?
Choose what you need, confirm your email, and we come back to you within two working days.