The complete KPMG audit reveals that over an eight-month period, the Ghana Revenue Authority (GRA) neglected to deduct GH¢13.38 million in VAT from payments made to Strategic Mobilization (Ghana) Limited (SML).
The report states that no VAT or withholding tax was deducted from a bulk payment made to SML covering invoices for an eight-month period between September 1, 2020, and April 30, 2021.
According to the whole KPMG report made public by President Akufo-Addo, “this contradicts GRA’s standard practice of deducting such taxes for payments to SML between June 1, 2020 and August 31, 2023.”
