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Ghana Proposes VAT Reform, Reducing Rate to 20% for Fairer, Simpler Tax System

  • The government is committed to reforming Ghana’s VAT system to make it fairer, simpler, and more efficient.
  • A comprehensive VAT reform package has been submitted to Parliament.
  • The proposals include reducing the effective VAT rate from 21.9% to 20%.
  • The reform aims to ease the tax burden on businesses and consumers.

Source: fintua.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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