Government to Scrap COVID-19 Levy
In a significant policy shift, Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has announced that the COVID-19 Health Recovery Levy will be abolished. The decision, unveiled during the presentation of the 2025 Mid-Year Budget Statement to Parliament on Thursday, July 24, forms part of a broader effort to reform the country’s Value Added Tax (VAT) […]
A Comprehensive Report on Ghana’s 2025 Budget Reading
The 2025 Budget, presented by Ghana’s Minister for Finance, Dr. Cassiel Ato Forson, represents a pivotal moment in the country’s economic recovery. Under the theme “Resetting the Economy for the Ghana We Want,” the budget seeks to stabilize the nation’s finances, address long-standing inefficiencies, and lay the foundation for inclusive and sustainable growth. A Nation […]
Financial Fraud: 10 Ways to Protect Your Business
Fraud poses a serious threat to businesses of all sizes. While large corporations may seem like the obvious targets, small and midsize businesses are just as vulnerable. From phishing and hacking to wire fraud and insider payment schemes, financial fraud can strike in many forms. Understanding these risks and taking proactive steps to guard against […]
The Profitability Checklist: 10 Levers Every SME in Ghana Should Pull
Many small and medium business owners are constantly juggling sales, staffing, customer service, and supplier demands, only to find there is little profit left after all the bills are paid. If that sounds familiar, this profitability checklist is for you. Even better, each step includes how Built Financial Technologies can help simplify the process and […]
How Payroll Works in Ghana: A Practical Guide for Employers
The Importance of Payroll in Ghana Understanding how payroll works is essential for any business operating in Ghana. It ensures smooth operations, compliance with regulations, and promotes employee trust and satisfaction. This guide breaks down the payroll process, highlighting the steps, legal requirements, and best practices to help businesses manage payroll effectively. 1. Employee Registration […]