- Ghana’s Ministry of Finance will launch a national VAT Reward Scheme in 2026 to encourage tax compliance by entering customers who request receipts into prize draws.
- The scheme will be paired with an E-VAT system requiring retailers to use electronic devices that generate and record digital receipts in real time, improving transparency and reducing tax evasion.
- Retailers must invest in and adapt to new fiscal devices, which will automate VAT reporting and minimize errors.
- These initiatives are part of broader tax reforms, including a redesigned VAT framework to make the system fairer and more efficient.
- The reforms aim to foster a culture of transparency, increase public awareness, and support the digitalization of tax administration in Ghana.
Source: fiscal-requirements.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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