- VAT registration threshold for goods increased from GH₵200,000 to GH₵750,000.
- COVID-19 Health Recovery Levy abolished.
- NHIL and GETFund levies now allow input tax credit claims and are treated as input tax deductions.
- VAT Flat Rate Scheme (VFRS) abolished; unified VAT structure introduced.
- Effective implementation of reforms is January 1, 2026; total effective VAT rate remains 20%.
Source: gra.gov.gh
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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