- VAT registration threshold for goods increased from GHS 200,000 to GHS 750,000.
- COVID-19 Health Recovery Levy abolished from January 2026.
- NHIL and GETFund levies recoupled and now eligible for input tax credit claims.
- VAT Flat Rate Scheme abolished; unified VAT structure introduced.
- Total effective VAT rate remains 20% (15% VAT, 2.5% NHIL, 2.5% GETFund); reforms aim to simplify compliance and support national programs.
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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