Ghana Publishing Company engages tax authority over GH¢22M VAT liability – MD, GPCL
By: Celestine Avi and Seth Eyiah The Ghana Publishing Company Limited is engaging the tax authorities over an outstanding Value Added Tax liability of approximately GH¢22 million covering the period from 2020 to 2024. The company’s Managing Director, Nana Kwesi Boaitey, disclosed this at the Government Accountability Series at the Presidency in Accra. He said […]
The Ghana Publishing Company Limited (GPCL) is in dispute with tax authorities over a considerable Value Added Tax (VAT) liability of about GH¢22 million. This debt spans from 2020 to 2024, according to the Managing Director of the company, Nana Kwesi Boaitey. He revealed this detail during the Government Accountability Series at the Presidency in Accra.
Mr Boaitey mentioned that the company received a letter from the tax authority nearly a month prior to a presentation, notifying them of this outstanding liability. The Managing Director indicated that the company is actively engaging with the tax authority to explore avenues for resolving this issue.
This disclosure arrives amidst a significant boost in GPCL's financial performance. The company reported a profit after tax of GH¢16.96 million in 2025, a stark contrast to GH¢2.23 million in 2024. Despite this financial turnaround, Boaitey emphasized that the management is steadfast in its commitment to enhancing the company's financial standing, while also reinforcing the positive strides achieved through ongoing reforms.
Written by urgent.news from GBC Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
