COVID-19 Fund: Companies that donated would get some tax reliefs – Sophia Akuffo

- Sophia Akuffo has stated that all organisations that donated to the COVID-19 national fund will be relieved of some tax returns

- According to her, the companies and institutions will enjoy the benefit when they report at the GRA

- The former Chief Justice said the move by the GRA was aimed at rewarding companies and institutions in the COVID-19 fight

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The Chairperson of the COVID-19 Trust Fund, Sophia Akuffo, has stated that all organisations that donated to the COVID-19 national fund will be relieved of some tax.

According to her, the companies and institutions will enjoy the benefit when they report at the Ghana Revenue Authority (GRA) to file their tax returns.

Speaking at an event at the Jubilee House on Tuesday, May 26, 2020, the former Chief Justice said the move by the GRA was aimed at rewarding companies and institutions in the COVID-19 fight.

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“We’re also happy to announce that the Ghana Revenue Authority has confirmed that tax reliefs will be available to donors who make donations to the COVID-19 National Trust Fund when filing their tax returns,” she said.

The Fund, which has so far received over GHS50 million, is to help improve the lives of the vulnerable who are worst-hit by the pandemic.

In turn, the Fund has also begun donations of distributed toiletries, PPE and other essential medical items to the Ghana Health Service, COVID-19 Care Team and some selected health institutions.

Over 12 vehicles have also been handed over to public hospitals and laboratories involved in the testing and treatment of COVID-19 cases as part of fulfilling its purpose.

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In other news, Ghana’s Vice President, Dr. Mahamudu Bawumia, has predicted a growth in Ghana’s economy after the COVID-19 pandemic.

He indicated that the country would work hard to ensure self-reliance after in the future.

According to him, a number of policies implemented by the government would play key roles in Ghana’s economic transformation after COVID-19.

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Source: YEN.com.gh