Ghana Unveils Major VAT Reforms and Digital Tax Measures in 2026 Budget

Ghana’s 2026 Budget introduces further VAT reforms, including repealing the COVID-19 Health Recovery Levy and reducing the effective VAT rate from 21.9% to 20%.
Input tax deductions will be allowed for GETFund and NHIL levies, and VAT will be removed on mineral exploration and prospecting.
The VAT registration threshold increases to GHS750,000 (USD68,200), and the VAT zero rate for locally manufactured textiles is extended until 2028.
New tax administration measures include digital tax collection for cross-border transactions, mandatory use of Fiscal Electronic Devices, and a VAT reward scheme for consumers.
The government will issue consolidated tax laws and amend the Income Tax Act in line with OECD guidelines on tax base erosion and global minimum corporate taxes.

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.