ABOUT US.

We founded WUPE ENTERPRISE with one goal in mind: providing a high-quality, smart, and reliable online shop. Our passion for excellence has driven us from the beginning, and continues to drive us into the future.

HOW TO PREPARE BUDGET FROM THE 2021 - 2025

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GHANA DEBT AND ITS IMPACT ON OUR ECONOMIC DEVELOPMENT.

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  By the year 2000, the government of Ghana had borrowed so much that the country was in  debt distress . It then subscribed to the  Heavily Indebted Poor Countries initiative  of the International Monetary Fund and World Bank. Consequently, much of the country’s external debt of over US$4 billion was written off by creditors. By the time the initiative ended in 2006, Ghana’s total public debt stock was US$780 million (25% of GDP). The debt stock has since risen by 7000% to  $54 billion, which is 78% of GDP . The current debt to GDP ratio is 78%, while the average for developing countries is 60%. Economist, Adu Owusu Sarkodie, explains how this happened, why it’s a problem and what can be done. How did Ghana get into this situation? After the Heavily Indebted Poor Countries initiative ended in 2006, the public debt stock has largely been driven by the continuous accumulation of budget deficits (48.6%), the currency deprecation (28.2%), and off-budget borrowings ...
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Tax calculation in Ghana

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  Tax calculation in Ghana   The table below details the new monthly income tax bands and rates generally applicable to the chargeable income of resident individuals: Year 2021 Chargeable Income GH¢ Rate % Tax Payable GH¢ Cumulative Income GH¢ Cumulative Tax GH¢  First 319 0 0 319 0  Next 100 5 5 419 5 Next 120 10 12 539 17 Next 3 000.00 17.5 525 3 539.00 542 Next 16 461.00 25 4 115.25 20 000.00 4 657.25 Exceeding 20 000.00 30       The chargeable income of non-resident individuals is generally taxed at a flat rate of 25%...
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  The Importance of Communication Skills Having strong communication skills aids in all aspects of life – from  professional life  to personal life and everything that falls in between. From a business standpoint, all transactions result from communication. Good communication skills are essential to allow others and yourself to understand information more accurately and quickly.
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