Ride-hailing vehicle owners to pay Vehicle Income Tax from 1st January, 2024

The Ghana Revenue Authority (GRA) has announced a new tax policy to affect ride-hailing vehicle owners, beginning January 1, 2024.

GRA said in a statement that all commercial vehicle owners, including ride-hailing drivers, must pay income tax on a quarterly basis under Section 22 of Regulations 2016, LI 2244. 

"Also, Sections 1, 33, and 35 of the Revenue Administration Act, 2016 (Act 915) as amended, gives the Commissioner General the authority to give written directives, require any taxpayer to provide information or connect their digital system to the Commissioner General's monitoring platform for the purposes of establishing the correct taxes payable to the State.

“GRA, therefore, entreats all ride-hailing companies that operate in Ghana to update their digital platforms to require evidence of payment of Vehicle Income Tax (VIT) for both existing and new vehicles,” the statement said. 

Following the new directive, ride-hailing companies are now required to:

Entities are to demand a softcopy of the VIT sticker.

- Entities are to validate the authenticity of stickers with the GRA.

- Entities are to submit the list of all vehicles on their platform quarterly to GRA.

“In this regard, all owners of ride-hailing vehicles that operate in Ghana are to carry out a one-time registration of their vehicles at any GRA office to enable them make payment for VIT using the shortcode *222#.”