VAT withholding calculator
If the GRA has appointed your business as a VAT withholding agent, you keep back part of the VAT on purchases and pay it to the GRA.
This amount is
VAT to withhold
GHS 735.00
7% of the price plus NHIL and GETFund
The invoice
What you pay
Only businesses the GRA has appointed as VAT withholding agents do this. They pay the withheld VAT to the GRA and give the supplier a VAT withholding certificate.
Common questions
Who has to withhold VAT?
Only businesses the GRA has appointed as VAT withholding agents, usually large companies and public bodies.
How much is withheld?
7% of the price plus NHIL and GETFund. The supplier gets the rest of the invoice and a certificate for the amount withheld.
VAT handled on every bill
SyncBooks records VAT withheld on purchases and sales and includes it in your VAT return.
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