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GFA Urges VAT Rate Adjustment to Enhance Football Development and Club Profitability in Ghana

  • GFA urges government to align VAT rate for football clubs with the entertainment industry’s 3 percent rate
  • This change would boost club profitability and allow more investment in player development and infrastructure
  • It would improve the competitiveness of Ghanaian football both locally and internationally
  • Current higher VAT rate limits financial capacity and sustainability of clubs
  • Aligning VAT rates would ease financial burdens and stimulate growth and investment
  • Proposal is part of broader reforms to make Ghana football sustainable and commercially viable

Source: ghanasoccernet.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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