- Minister of Lands and Natural Resources, Samuel Abu Jinapor, announces government’s intention to remove VAT from Mineral Exploration in Ghana
- The government hopes to implement this by the end of the first quarter of 2024
- The Ghana Chamber of Mines raised concerns about the decline in exploration investments and believes a VAT exemption could improve cash flows
- Minister Jinapor emphasizes the government’s commitment to addressing this issue
- The Ghana Chamber of Mines is confident about exceeding last year’s gold production output by about 500 thousand ounces.
Source: gbcghanaonline.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.
Latest Posts in "Ghana"
- Ghana VAT on Online Purchases Needs Public Education, Tax Analyst Says
- Ghana to Launch Automated VAT Deduction System for Online Payments by August 2026
- GRA Protocols for Tax Invoice Issuance and System Downtime Under Ghana’s E-VAT Regulations
- AGI and GRA Hold Workshop on Upfront VAT Relief Policy for Manufacturers’ Compliance and Growth
- Ghana’s VAT Reforms Continue with Digitalization, Expanded Scope, and Stricter Enforcement
