Ghana plans full implementation of fiscal electronic device legislation

Ghana plans full implementation of fiscal electronic device legislation

• Full Implementation of EFDs: The Ghana Revenue Authority (GRA) plans to fully implement and enforce the use of fiscal electronic devices (EFDs) in 2026 to improve tax compliance nationwide.
• Historical Context and Limited Enforcement: Although the Taxation (Use of Fiscal Electronic Device) Act has been in effect since 2018, its active implementation has been limited, with only specified taxpayers required to use approved EFDs at points of sale.
• Penalties for Non-Compliance: As part of Ghana’s broader VAT reform program, the GRA is prepared to roll out the expanded EFD mandate, which will include penalties for taxpayers who fail to comply with the new regulations when they take effect in early 2026.

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Ghana to Enforce Fiscal Electronic Device Act for VAT Compliance by Early 2026

• The GRA will enforce the Taxation Use of Fiscal Electronic Device Act 2018 by early 2026.
• The announcement was made by the GRA Commissioner-General on 15 August 2025.
• The FED Act is part of reforms to the VAT system effective from 4 May 2018.
• The Act requires taxable individuals to use approved fiscal electronic devices at points of sale.
• The goal is to improve revenue collection and ensure accurate transaction records.
• The GRA aims to enhance compliance and foster collaboration with taxpayers through these reforms.

Source: regfollower.com

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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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