The Ghana Revenue Authority (GRA) is will begin the first phase of electronic value-added tax (e-VAT) implementation on March 31 to June 1.
In this phase, GRA will integrate about 600 taxpayers in the Large Taxpayer Office (LTO) into its invoicing system.
The GRA said the targetted 600 taxpayers pay 90 percent of total VAT revenue and a total of 80 percent of the country’s total domestic tax revenue.
The second phase will start immediately after the first phase is completed and will end by the 4th quarter of 2023. The second phase will add about 1000 medium taxpayers.
Source: technovagh.com
