Tag: Land

The Effects of the Corona Virus Pandemic on the Real Estate Market in Ghana.
The Covid-19 pandemic has caused a global halt on all aspect of economic activities. Though, certain activities such as stock exchange trading, education and construction could wait for the virus spread to calm down; the basic things such as shelter, food and water must continue to be available for human sustenance. More
The Government's Affordable Housing and National Mortgage Scheme:A Good Example of Public-Private Partnership and Matters Arising.
The Government of Ghana announced plans to implement some interventions in the housing and housing finance markets in its 2019 budget last year. A GH¢1 billion mortgage fund was to be established to leverage private capital to provide affordable houses for the populace. The fund aims to expand access to housing and deepen the local mortgage and construction finance market to help bring down the housing deficit, which is estimated at 1.7 million units. More
Scrap the Rent Tax and Maintain the Real Estate Sales Tax
After over 3 decades of policy vacuum, characterized by piece-meal attempts to recognize housing in some policy documents by succeeding Governments, a new National Housing Policy was promulgated in 2015. This article argues that the 8% existing Rent Tax should be scrapp... More
Government Agenda to expand the Tax Base; From the Real Estate Perspective. Is TIN The Ultimate Element Missing?
The government’s effort to widen the tax base, in recent times, has seen a robust drive to get all income-earners to acquire a Tax Identification Number (TIN). A very laudable effort, if Ghana is to ensure good tax mobilization for development. The TIN, accordingl... More