- Ghana’s 2025 mid-year budget introduces tax reforms
- Marine gas oil tax exemptions removed for non-artisanal fishing fleets
- Modified taxation system enhanced with digital tools
- VAT reforms aim to address distortions and cascading effects
- New VAT bill set for October 2025
- COVID-19 levy abolished
- Effective VAT rate reduced
- Punitive cascading effects of GETFund and NHIS levies removed
- VAT flat rates replaced with a unified VAT rate
- VAT registration threshold increased to exempt small and micro businesses
Source: regfollower.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.
