The Income Tax (Amendment) (No.2) Act, 2021 (Act 1071) introduces targeted revisions to Ghana’s income tax regime aimed at enhancing tax equity, simplifying provisions, and expanding the government’s fiscal space for national development.
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The Income Tax (Amendment) (No.2) Act, 2021 (Act 1071) introduces targeted revisions to Ghana’s income tax regime aimed at enhancing tax equity, simplifying provisions, and expanding the government’s fiscal space for national development.
This second amendment in 2021 fine-tunes elements such as tax rates, allowable deductions, exemptions, and filing obligations, ensuring the legal framework keeps pace with evolving economic demands and policy priorities.
Whether you're a legal practitioner, tax consultant, policy analyst, or corporate accountant, this Act is a vital resource for navigating the current income tax environment in Ghana.
✅ Key Highlights
• Clarifies and updates provisions on taxable income and exemptions
• Introduces new compliance requirements for taxpayers
• Supports Ghana’s medium-term revenue strategy (MTRS)
• Essential for corporate entities, SMEs, and tax professionals
Attribute | Value |
---|---|
Title | Income Tax (Amendment) (No.2) Act, 2021 (Act 1071) |
Format | Paperback |
Weight | 0.350 kg |
Tags | Act 1071, Income Tax Ghana, Tax Law, Fiscal Policy, Tax Compliance, Ghana Acts, Parliament, Law Textbook, Amendment Acts |
SKU | BK6637 |