VATupdate

Share this post on

Ghana’s Government Plans VAT Rate Review in 2024 Budget

  • Ghana’s Government announced proposed changes to the value-added tax regime in its 2024 Budget.
  • The Government plans to review VAT rates to ensure consistency for similar products.
  • The review aims to simplify the VAT system and reduce compliance costs.
  • The Government also plans to introduce measures to improve VAT administration and enforcement.
  • These changes are expected to be implemented in 2024.

Source: vitallaw.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

Advertisements: