- The Ghana Revenue Authority (GRA) will gradually phase out manual VAT booklets as it rolls out the electronic VAT (eVAT) system and fiscal electronic devices.
- Manual and digital VAT systems will operate side by side during the transition to avoid business disruption, especially for small and medium-sized enterprises.
- Businesses with digital systems will integrate eVAT via API, while those without will use fiscal electronic devices for VAT administration.
- VAT booklets will not be withdrawn abruptly; they will remain in use until the transition is complete.
- The phased approach aims to improve transparency, compliance, and record accuracy while minimizing operational disruptions.
Source: thehighstreetjournal.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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