Ghana’s New VAT Law to Lower Taxpayer Burden and Simplify Compliance from 2026, Says GRA

The revised VAT structure in Ghana, effective January 2026, will lower the effective VAT burden for taxpayers.
VAT, GETFund Levy, and NHIL will all be calculated on the same base amount, reducing the overall tax paid.
The VAT registration threshold for businesses dealing in goods will increase from GH¢200,000 to GH¢750,000, easing compliance for small businesses.
The new law aims to simplify VAT administration, improve efficiency, and encourage voluntary compliance.
Businesses and the public are advised to prepare for these changes before implementation.

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.