The unexpected and unprecedented outcome of COVID-19 has seen many businesses come face to face with challenges, the likes of which they have never faced before. The virus has had serious consequences on the fiscal position of the country. Despite this, the Government of Ghana in March 2020, announced various tax incentives for specified individuals and entities in response to the impact of COVID-19 on the economy. As a Tax and Business Strategy student, identify the various tax measures instituted by the government for individuals and businesses in this Covid-19 era, and provide reasons why you agree or disagree with the government’s intervention.

Answer rating: 100% (QA)

As we can see the COVID19 pandemic has turned out be a great nightmare for everyone around the world The businesses saw the worst time selling their products and thereby earning enough money to meet t... View the full answer