- Ghana introduces 15% VAT on non-life insurance premiums starting July 1, 2025
- Motor insurance remains exempt from this VAT
- Exemption of motor vehicle insurance from taxation announced in 2025 budget
- Enterprise Insurance to implement 15% VAT and 6% levies on non-motor insurance policies
- Implementation aligns with government policy and regulatory requirements
Source: ghanaweb.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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