- Ghana’s 2026 budget proposes major VAT reforms: rate reduction, higher registration threshold, abolition of certain levies, extended zero-rating for textiles, and a new VAT reward scheme.
- Digital solutions and Fiscal Electronic Devices will be introduced to improve VAT collection and compliance, including for cross-border digital transactions.
- The Ghana Revenue Authority will cleanse its taxpayer registry and launch the first stage of the Integrated Tax Administration System by end of 2025.
- Comprehensive overhauls are planned for the Income Tax, Customs, and Excise Duty Acts to align with global standards, promote equity, and simplify compliance.
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.
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