Not because of Owusu Bempa, JDM is winning come December 7, 2024. The Npp knows it
Not because of Owusu Bempa, JDM is winning come December 7, 2024. The Npp knows it
Johhnywas 2 weeks ago
Mahama will not win.
Mahama will not win.
Dzimakpla 3 weeks ago
Self glorification
Self glorification
Zakari 3 weeks ago
It is only God who is powerful. How can mortal beings parading themselves as been powerful. Sometime, l don't know whether they read the Bible.
It is only God who is powerful. How can mortal beings parading themselves as been powerful. Sometime, l don't know whether they read the Bible.
john doe 3 weeks ago
owusu bempah, preach the gospel, and stop fooling with prophecies of the up coming elections.
owusu bempah, preach the gospel, and stop fooling with prophecies of the up coming elections.
OTI 3 weeks ago
hmmm asem ooooo
hmmm asem ooooo
Kofi Annan 3 weeks ago
These FAKE pastors. if they are powerful, they should go to the hospital and heal the sick people there.
These FAKE pastors. if they are powerful, they should go to the hospital and heal the sick people there.
Johhnywas 2 weeks ago
Owusu Bempah will be disgraced. Even if God revealed this to you, you don't have to take the credit that you are powerful.
Owusu Bempah will be disgraced. Even if God revealed this to you, you don't have to take the credit that you are powerful.
Emily 2 weeks ago
John Mahama will win massively he will not build national cathedral for Ghanaian
John Mahama will win massively he will not build national cathedral for Ghanaian
SonkoAnalysis 2 weeks ago
t to certain exclusions, most commercial operations are subject to an 18% VAT.
VAT on tourism activities is 10%.
A 17% special tax on financial activities (mainly banking, money transfers, interest, premiums and other r ... read full comment
t to certain exclusions, most commercial operations are subject to an 18% VAT.
VAT on tourism activities is 10%.
A 17% special tax on financial activities (mainly banking, money transfers, interest, premiums and other remunerations received on loans, keeping of bank accounts or equivalent, financial intermediation, and change operations) is applicable instead of VAT.
VAT returns must be filed monthly.
Customs duties/Import tariffs
In the case of import of goods, the following tariffs apply:
Customs duties: 0%, 5%, 10%, or 20%, depending on the nature of the goods.
Statistical import charge: 1%.
Community solidarity levy: 0.8% since 1 July 2017 (1% before July 2017).
Economic Community of West African States (ECOWAS) levy: 0.5% (only applicable to products originating from non-ECOWAS countries).
Senegalese Shippers Council (COSEC) royalty: 0.4% (only applicable on importation by sea).
A 1.5% levy for the Customs Modernisation Program was introduced by the 2022 Finance Act. It is applicable to the customs value of eligible goods, excluding those placed under customs and tax regimes promoting investment.
A 0.5% levy is added to the fees due for commercial operations carried out outside the legally prescribed hours and for customs computer services (Finance Act 2022). It is applicable to the customs value of eligible goods, excluding those placed under customs and tax regimes promoting investment.
Excise taxes
The products on which the Senegalese authorities levy excise tax, and the relevant excise tax rates, are as follows:
Beverages: 25% for beverages containing alcohol, plus an additional tax ranging from XOF 800 to XOF 3,000 per litre; 5% for sparkling beverages and juices.
Tobacco: 65%.
Coffee: 5%.
Tea: 5%.
Private cars: 10%.
Cosmetic products: 15%.
Oil products (rates per nature and per hectolitre):
XOF 21,665 for super-petrol.
XOF 19,847 for conventional petrol.
XOF 3,856 for petrol for the use of pirogues.
XOF 10,395 for diesel.
Plastic bags:
For bags with contents:
Produced in Senegal:
0.5% of the transfer price of products contained in bags with a volume of less than 20 litres or a weight of less than 25 kg.
0.3% of the transfer price of products contained in bags with a volume of more than 20 litres and weight of more than 25 kg.
Imported into Senegal:
0.6% of the customs value of products contained in bags with a volume of less than 20 litres or a weight of less than 25 kg.
0.8% of the customs value of products contained in bags with a volume of less than 20 litres or a weight of more than 25 kg.
For bags without contents:
Produced in Senegal:
1.5% of the transfer price.
Imported into Senegal:
2.5% of the customs value.
Fats and charcuterie: 15% for butter, milk cream, and substitutes or mixtures containing butter or cream, regardless of the proportions of the mixture; 10% for charcuterie and other fats.
Textile products: 5%.
Tax on built real estate
The tax on built real estate applies annually to owners of buildings other than factories and industrial premises. Companies are no longer liable to the tax on built real estate on their properties listed in the balance sheet.
The tax rate is 5%. It is applied on the basis of the rental value of the lands, buildings, etc.
Tax on non-built real estate
The tax on non-built real estate applies annually to owners of land without buildings, factories, industrial premises, or equipment fixed on the land. The tax rate is fixed at 5%. It is applied on the basis of the rental value of the land.
Stamp/registration duties
There are many stamp and/or registration duties, depending on the operations, such as the following:
Operation Stamp and/or registration duty
Commercial, house, or equipment lease 2% applicable on the basis of the annual rent
Transfer of real estate 5% on the sales price
Transfer of debt 1% on the debt value
Pledge 1% on the guarantee value
Increase of the capital in cash 1% of the increase where the share capital is greater than XOF 100 million
Transfer of business 5% on the sales price
Transfer of shares 1% on the sales price (or the market value if higher)
Payroll taxes
Pay-as-you-earn (PAYE)
All compensation (including salary, cash allowances, and benefits in kind) paid to employees is generally taxable. For the calculation of the personal income tax (PIT) to be withheld by the employer, the tax administration provides a tax table determined on a monthly basis so that no calculation is necessary.
Employer tax
Employers are subject to a 3% tax based on the total gross salaries paid to employees.
Social Security contributions
Social Security contributions are borne exclusively by the employer.
The rate for the industrial accident/occupational disease branch has to be confirmed by the authority when registering the entity with the Social Security Office (applicable rate to be stated within the related certificate).
Sector Rate of contributions (only payable by employers) (%) Maximum monthly basis of calculation (XOF)
Family 7 63,000
Industrial accident / Occupational disease 1/3/5 63,000
Retirement contributions
Retirement contributions are payable both by the employer and the employees:
Regime Rates of contributions (%) Maximum monthly basis of calculation (XOF)
Payable by employers Payable by employees (withheld on the salary)
General 8.4 5.6 432,000
Executive 3.6 2.4 1,296,000
Employment medical coverage
The employer shall subscribe for all employees a medical coverage. The level of coverage depends on the type of agreement concluded with the dedicated organism. Usually, the employee is reimbursed for 80% of medical expenses, even though the law provides a range between 50% and 80%.
The maximum monthly rate is 15%, to be levied on a contribution rate that cannot exceed XOF 250,000, for both the employee and the employer.
Local Economic Contribution (Contribution Economique Locale or CEL)
The CEL is a new contribution replacing the business license tax and consisting of two different taxes:
the company’s properties contribution, and
the company value added contribution.
The company’s properties contribution is assessed annually on the rental value of the company’s business premises. The rental value corresponds to 7% of the cost price.
The applicable rates are 15% for leases premises and 20% for owned premises, lands, and installations.
The company added value contribution is based on the added value produced by a company during the previous year. The tax rate is 1%. An upper ceiling of 70% of the turnover applies to the company added value contribution.
Specific tax rates are provided for companies such as operators of public telecommunication networks licensed in Senegal (0.30%) and port facility operators (1.5%).
Tax on telecommunication
The tax rate is 5% on telecommunication use and access.
Tax on vehicles
An owner of a motor vehicle (car, truck, or motorbike) must pay an annual tax fixed at XOF 1,000 per hectolitre, except for the pirogue gasoline.
Company tax on vehicles
In addition to the tax on vehicles, companies owning or renting vehicles (more than 15 days a year) must pay a specific annual tax on them. Rates range from XOF 50,000 to XOF 200,000, depending on the type and horsepower of the vehicle.
Levy on insurance companies (LIC)
Insurance companies approved in Senegal are liable to the LIC (fixed at 1% and a reduced rate of 0.5% for life insurance).
The basis of the LIC is turnover.
Tax on insurance contracts
6% for insurance against risks of any kind of maritime, river, or air navigation.
8% for multi-risk home insurance and fire insurance for residential buildings.
5% for group insurance, including deferred annuity contracts of less than three years, subject to the exemptions provided for in article 540.
7% for life annuity contracts, including deferred annuity contracts of less than three years, subject to the exemptions provided for in article 540.
0.25% for export credit insurance.
14% for all other insurance.
Sampling of consignments of petroleum products and hydrocarbon stores from foreign-flagged vessels
The taxable basis of this levy shall be:
For consignment operations: The quantity in net kilograms of imported petroleum products.
For fuelling: The quantity in net kilograms of hydrocarbons exported.
This levy is fixed at XOF 10 per net kilogram. The liquidation, recovery, and litigation of this levy are done as in customs.
Parafiscal charge in favour of the Energy Sector Support Fund known as the Industrial Energy Tax
The Industry Energy Tax rate is 2.5%, applied to the price excluding tax, of electricity consumed by the taxable person.
Individuals or entities considered as industrial operators are subject to this tax.
In addition, the electricity consumption of companies that have signed an agreement with the State of Senegal that exempts them from indirect taxes during the period of validity of the said agreement is exempt from this tax. Electricity exports made by SENELEC are also exempt from this tax.
Export duties on non-monetary gold
The rate is fixed at 4% on the customs value of non-monetary gold and is paid at the point of exit from the national territory.
WHT on sale of hydrocarbons by non-resident entities
A tax equal to XOF 0.5 per kilogram sold is due by foreign companies that sell directly to local or foreign authorised importers the hydrocarbons they have in tanks built in Senegal.
HBCUGhana 2 weeks ago
med al-Fayed, whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94.
His family said he "passed away peacefully of old age" on Wednesday.
Fayed was buried after Friday prayers at ... read full comment
med al-Fayed, whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94.
His family said he "passed away peacefully of old age" on Wednesday.
Fayed was buried after Friday prayers at London Central Mosque in Regent's Park.
Best known for being the former owner of the Harrods department store, Fayed was also owner of Fulham football club in London, which was sold in 2013.
Fayed's death comes just a day after the 26th anniversary of his son's death on 31 August 1997 when he and his then-partner Diana, Princess of Wales sought to outrun paparazzi photographers on motorbikes in Paris.
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Fayed led a long campaign alleging that the British secret services were behind the accident.
In 2005, Fayed erected a bronze statue of Dodi and Diana dancing in Harrods, above the phrase "innocent victims". The statue was removed and returned to the billionaire in 2018.
The Crown: Who are Mohamed and Dodi al-Fayed?
Read More »
Despite moving to the UK in the 1970s and building a business empire spanning the Middle East and his adopted country, Fayed was never given a British passport.
His family said in a statement: "Mrs Mohamed al-Fayed, her children and grandchildren wish to confirm that her beloved husband, their father and their grandfather, Mohamed, has passed away peacefully of old age on Wednesday 30 August 2023.
"He enjoyed a long and fulfilled retirement surrounded by his loved ones. The family have asked for their privacy to be respected at this time."
He is survived by his second wife, Finnish former model Heidi Wathen, and their four children - Jasmine, Karim, Camilla and Omar.
Fayed, early beginnings
Fayed was born in Alexandria in 1929, at a time when Egypt had become newly independent from British rule, but was still heavily influenced by the colonial power.
While he has given many, often false, accounts of the dynastic wealth of his ancestors, his father was most likely to have been either a teacher or school inspector.
FormersportsOwner 2 weeks ago
The Egyptian-born businessman Mohamed al-Fayed, whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94.
His family said he "passed away peacefully of old age" on Wednesday.
Fayed w ... read full comment
The Egyptian-born businessman Mohamed al-Fayed, whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94.
His family said he "passed away peacefully of old age" on Wednesday.
Fayed was buried after Friday prayers at London Central Mosque in Regent's Park.
Best known for being the former owner of the Harrods department store, Fayed was also owner of Fulham football club in London, which was sold in 2013.
Fayed's death comes just a day after the 26th anniversary of his son's death on 31 August 1997 when he and his then-partner Diana, Princess of Wales sought to outrun paparazzi photographers on motorbikes in Paris.
FormersportsOwner 2 weeks ago
How Crypto is Changing College Sports:
e began to crumble:
Financial support: The ACC's broadcast revenue provides financial support for Stanford's many sports. Stanford will receive a partial share of the ACC's Tier 1 me ... read full comment
How Crypto is Changing College Sports:
e began to crumble:
Financial support: The ACC's broadcast revenue provides financial support for Stanford's many sports. Stanford will receive a partial share of the ACC's Tier 1 media revenue for nine years, including full shares of money from the ACC Network, the College Football Playoff, and other events.
National exposure: The ACC's TV partners will provide Stanford with national exposure.
Competition: Stanford will compete with other leading national universities.
Nonrevenue sports: The move will allow Stanford's nonrevenue Olympic sports to compete at a higher level.
Student-athlete input: Stanford's Student-Athlete Advisory Committee emphasized the importance of joining a conference that provides the highest level of competition.
onesimus 2 weeks ago
only God is powerful...get out
only God is powerful...get out
SportsLawyer 2 weeks ago
Does the Ghanaain National Security Law Covers that?
1.eporting International Marriage
• Amending Employment Documents
• Registration of Vehicle Purchases / Obtaining
Does the Ghanaain National Security Law Covers that?
1.eporting International Marriage
• Amending Employment Documents
• Registration of Vehicle Purchases / Obtaining
SportsLawyer 2 weeks ago
Computing Coding 101 in Ghanian Schools?
ERNAL') || die();
$version = 2024092600.00; // YYYYMMDD = weekly release date of this DEV branch.
$version = 2024092700.00; // YYYYMMDD = ... read full comment
Computing Coding 101 in Ghanian Schools?
ERNAL') || die();
$version = 2024092600.00; // YYYYMMDD = weekly release date of this DEV branch.
$version = 2024092700.00; // YYYYMMDD = weekly release date of this DEV branch.
// RR = release increments - 00 in DEV branches.
// .XX = incremental changes.
$release = '4.5dev+ (Build: 20240924)'; // Human-friendly version name
$release = '4.5beta (Build: 20240927)'; // Human-friendly version name
$branch = '405'; // This version's branch.
$maturity = MATURITY_ALPHA; // This version's maturity level.
$maturity = MATURITY_BETA; // This version's maturity level.
CaribbeanProtest 2 weeks ago
y February 2004, the university teaching hospital, Hopital Universitaire de la Paix, opened. Then there was the coup d’etat. While Titide and I were forced from our home and the country, UNIFA students were forced from th ... read full comment
y February 2004, the university teaching hospital, Hopital Universitaire de la Paix, opened. Then there was the coup d’etat. While Titide and I were forced from our home and the country, UNIFA students were forced from the campus. University classrooms and dorm rooms were transformed into military barracks by soldiers of the multi-national force deployed to Haiti. Remarkably, most of the students made their way to Cuba and completed their training. When the earthquake struck on January 12, 2010, some of these young doctors staffed emergency clinics at the Foundation auditorium; two are part of our staff at UNIFA.
In the month before we returned to Haiti, Titide [former President Jean-Bertrand Aristide]
Thanks for the 1 week ago
Thanks for your time and help in my thoughts for you and miss you too and I was like birthday is coming up the other day but to be able to make the meeting today attached the week
a time and
Thanks for your time and help in my thoughts for you and miss you too and I was like birthday is coming up the other day but to be able to make the meeting today attached the week
a time and
Nene Nannor. 1 week ago
Owusu Bempa hour tine is past. You are now a stomach pastor. You will be disgraced after Dec 7
Owusu Bempa hour tine is past. You are now a stomach pastor. You will be disgraced after Dec 7
Not because of Owusu Bempa, JDM is winning come December 7, 2024. The Npp knows it
Mahama will not win.
Self glorification
It is only God who is powerful. How can mortal beings parading themselves as been powerful. Sometime, l don't know whether they read the Bible.
owusu bempah, preach the gospel, and stop fooling with prophecies of the up coming elections.
hmmm asem ooooo
These FAKE pastors. if they are powerful, they should go to the hospital and heal the sick people there.
Owusu Bempah will be disgraced. Even if God revealed this to you, you don't have to take the credit that you are powerful.
John Mahama will win massively he will not build national cathedral for Ghanaian
t to certain exclusions, most commercial operations are subject to an 18% VAT.
VAT on tourism activities is 10%.
A 17% special tax on financial activities (mainly banking, money transfers, interest, premiums and other r ...
read full comment
med al-Fayed, whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94.
His family said he "passed away peacefully of old age" on Wednesday.
Fayed was buried after Friday prayers at ...
read full comment
The Egyptian-born businessman Mohamed al-Fayed, whose son Dodi was killed in a car crash alongside Diana, Princess of Wales, has died aged 94.
His family said he "passed away peacefully of old age" on Wednesday.
Fayed w ...
read full comment
How Crypto is Changing College Sports:
e began to crumble:
Financial support: The ACC's broadcast revenue provides financial support for Stanford's many sports. Stanford will receive a partial share of the ACC's Tier 1 me ...
read full comment
only God is powerful...get out
Does the Ghanaain National Security Law Covers that?
1.eporting International Marriage
• Amending Employment Documents
• Registration of Vehicle Purchases / Obtaining
Computing Coding 101 in Ghanian Schools?
ERNAL') || die();
$version = 2024092600.00; // YYYYMMDD = weekly release date of this DEV branch.
$version = 2024092700.00; // YYYYMMDD = ...
read full comment
y February 2004, the university teaching hospital, Hopital Universitaire de la Paix, opened. Then there was the coup d’etat. While Titide and I were forced from our home and the country, UNIFA students were forced from th ...
read full comment
Thanks for your time and help in my thoughts for you and miss you too and I was like birthday is coming up the other day but to be able to make the meeting today attached the week
a time and
Owusu Bempa hour tine is past. You are now a stomach pastor. You will be disgraced after Dec 7
Cooooooool