Excise Tax Stamp Policy and its Impact on Business and Government Revenue Mobilization

INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG

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dc.contributor.author	INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG
dc.date.accessioned	2022-11-21T16:47:50Z
dc.date.available	2022-11-21T16:47:50Z
dc.date.issued	2018-07
dc.identifier.uri	http://41.66.247.10:8080/xmlui/handle/123456789/655
dc.description	FAC issues the fourth edition of the Guide to Practice Management for Small- and Medium-Sized Practices First released in 2010, the Guide provides comprehensive guidance to help SMPs operate more efficiently in the increasingly complex and competitive global marketplace for professional services. This fourth edition is organized into eight stand-alone modules, including a new module on ‘Leveraging Technology’. The revised Guide addresses a comprehensive range of topics including:  Strategic planning,  Managing staff,  Client relationship management,  Risk management and,  Succession planning The new ‘Leveraging Technology’ module covers how technology developments are fundamentally changing the way organizations operate and recognizes the importance of how SMPs must adapt to service their clients utilizing technology. Included are topics such as developing a technology strategy, hardware and software options, technology risks, new and emerging technologies, and leveraging technology for practice innovation. For further details please visit www.ifac.org	en_US
dc.description.abstract	The mobilization of domestic revenue through reforms in taxation is important to ensuring sustainable financing for development. Various governments have introduced various taxes and abolished same all with the view to mobilizing more revenue or improving the productive sectors of the economy to raise more revenue and create employment. One of such taxes is the Excise Tax Stamp. The Excise Tax Stamp Act, 2013 (Act 873) was passed in 2014 to give effect to the affixing of tax stamps on excisable products. Tax Stamps can be described as small stickers with security features supplied by the Ghana Revenue Authority (GRA) to some manufacturers and importers to be affixed to their products before they are released onto the market. All affected businesses were required to have the stamp affixed to their products. The writer talks about the effects of the Excise Tax Stamp on the economy, particularly on the prices of affected goods and production, the challenges of this Tax and how it can effectively be managed	en_US
dc.description.sponsorship	ICAG	en_US
dc.language.iso	en	en_US
dc.publisher	ICAG LIBRARY	en_US
dc.subject	THE PROFESSIONAL ACCOUNTANT ICAG LIBRARY NYARKO TWUM OSBORN ERNEST YAW DENKYIRA	en_US
dc.title	Excise Tax Stamp Policy and its Impact on Business and Government Revenue Mobilization	en_US
dc.title.alternative	THE PROFESSIONAL ACCOUNTANT	en_US
dc.type	Learning Object	en_US