12 reactions | Understanding Your VAT Receipts. Watch this video to learn how VAT and the associated levies are calculated on any amount. #GhanaRevenueTaxRates #GhanaRevenue | Ghana Revenue Authority - Official | Facebook

Happy Day! 😊 BIR 12% VAT PENALTY 😊 Under Sec. 113 of the Tax Code, required po ang mga VAT-registered taxpayers na ilagay separately and clearly the 12% VAT, if any, of sales sa Sales Invoice (for sale of goods or properties) and Official Receipts (for sale of services or lease of properties). Otherwise, meron pong penalties as provided and clarified by RR 18-2011. Please watch our FREE ATC Video to learn more po. Thanks! 😊 Education is the key! 😊 RWB Books are your business partners at hand