• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, May 21, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Tax violations: GRA shuts down 4 firms in Greater Accra

by The Sikaman Times
May 21, 2026
New VAT regime takes hold as GRA implements Act 1151
SharePostSendShareSend

The Ghana Revenue Authority has identified and taken enforcement action against four companies operating in Accra and Tema for various tax compliance breaches, as part of an ongoing nationwide drive to improve revenue mobilisation and enforce tax laws.

According to enforcement officials, the affected firms were found to have engaged in a range of infractions, including failure to issue VAT invoices, under-declaration of tax liabilities, use of unauthorised invoicing systems, and failure to properly register and remit taxes due to the state.

The companies involved include a restaurant and a property management firm in East Legon, a manufacturing company producing roofing nails in Spintex, and a hardware trading business operating in Tema. 

The businesses were sealed following audits and compliance checks conducted by GRA officials as part of intensified monitoring operations in the Greater Accra and Tema areas.

Officials said some of the companies had been issuing invoices without proper authorisation, while others had either failed to register for VAT or were issuing VAT invoices without being authorised to do so. In some cases, auditors also found evidence of selective invoicing and under-reporting of sales.

The GRA indicated that the enforcement action is part of a broader strategy to clamp down on tax evasion and ensure that all businesses operate within the country’s tax regulations. It stressed that maintaining accurate records and complying with invoicing requirements are legal obligations under Ghana’s tax laws.

Authorities warned that the affected companies will remain closed until they fully comply with tax requirements, including the submission of accurate sales records and settlement of outstanding liabilities. The GRA also cautioned that tampering with enforcement seals or obstructing investigations could attract severe penalties, including prosecution.

The Authority further appealed to the public to support its efforts by reporting suspected tax evasion and refusing to shield offenders, describing tax compliance as a shared responsibility critical to national development.

The enforcement exercise, officials added, will continue across Accra and other parts of the country as part of sustained efforts to broaden the tax base and improve compliance.

Advertisement Advertisement
Tags: Featured
ShareTweetSendShareSend
Previous Post

Global finance leaders gather in Accra today for ACI World Congress

Next Post

Charles Amissah: GH¢20m negligence suit filed over death of 29-year-old engineer

Related Posts

Probe reveals 29-year-old engineer bled to death amid hospital rejections
General

Charles Amissah: GH¢20m negligence suit filed over death of 29-year-old engineer

May 21, 2026
Global finance leaders gather in Accra today for ACI World Congress
Banking & Finance

Global finance leaders gather in Accra today for ACI World Congress

May 21, 2026
Peace Council urges calm after arrests heighten political tensions
General

Peace Council urges calm after arrests heighten political tensions

May 20, 2026
Asiama calls for bank–fintech synergy as BoG pushes open banking
Banking & Finance

Bank of Ghana keeps policy rate steady at 14%

May 20, 2026
Inflation hits 23.8% in December, exceeds BoG’s 2024 target of 15%
Business

Produce Price Inflation climbs to 2.7% in April

May 20, 2026
Public debt rises by GHC 10.7bn as total burden hits GHC 674bn
Banking & Finance

Public debt rises by GHC 10.7bn as total burden hits GHC 674bn

May 20, 2026
Next Post
Probe reveals 29-year-old engineer bled to death amid hospital rejections

Charles Amissah: GH¢20m negligence suit filed over death of 29-year-old engineer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • NPP petitions diplomatic corps over ‘state-sponsored political persecution’

    NPP petitions diplomatic corps over ‘state-sponsored political persecution’

    1 shares
    Share 0 Tweet 0
  • MoMAG commends IGP over intensified action against attacks on MoMo agents

    1 shares
    Share 0 Tweet 0
  • “We need to ensure upcoming SIM registration serves the long term” – Telecoms Chamber CEO

    1 shares
    Share 0 Tweet 0
  • Contractors warned over fibre cuts as NCA imposes stricter penalties

    1 shares
    Share 0 Tweet 0
  • Public debt rises by GHC 10.7bn as total burden hits GHC 674bn

    1 shares
    Share 0 Tweet 0

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times