PwC Let us talk about PIWA

03-09-2021

PwC Let us talk about PIWA

Dear GNBCC Member and Clients,

The Penalty and Interest Waiver Act, 2021 (Act 1065) ("PIWA") was passed into law on 31 March 2021.

The aim of PIWA is to grant a waiver of penalties and interests on tax arrears up to 31 December 2020 for those who disclose and make payment or arrangements to pay the principal tax to the Ghana Revenue Authority ("GRA") by 31 December 2021.

The application deadline for the tax amnesty is 30 September 2021. Persons who wish to benefit from the amnesty regime are required to take some critical steps before obtaining a waiver certificate. The waiver certificate shows that the Ghana Revenue Authority cannot enforce the payment of interest, penalties or any other sanctions for the disclosures made.

 

Want to know more?

Please join our free webinar on Monday 6 September 2021 by registering here.

Time: 10:30am to 12:00pm    

Venue: Virtual

 

Who should join?

CEOs, Finance Managers, Compliance Officers, Tax advisors, Legal practitioners, Internal and external auditors and persons interested in tax.

Please come with all your questions and let us have a fruitful discussion.

NB: Send an email to brenda.asare@pwc.com if you are unable to access the google link.

 

Best Regards,

PwC.

GNBCC | News