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Ghana Ministry of Finance Suspends 15% VAT on Residential Electricity Consumption

  • Ghana Ministry of Finance has suspended the implementation of 15% VAT on residential electricity consumption
  • The suspension was announced on 7 February 2024
  • The decision was made to alleviate the burden on residential electricity consumers
  • The implementation of the VAT was initially scheduled to begin on 1 February 2024
  • The suspension is temporary and the Ministry of Finance will review the situation in the future.

Source: orbitax.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.

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