- The VAT Act, 2025 (Act 1151) expands VAT to include natural resource exploration and export of traditional products.
- The effective VAT rate is reduced from 21.9% to 20%.
- The VAT flat rate scheme is repealed.
- The VAT registration threshold increases from GH¢200,000 to GH¢750,000.
- Zero-rated VAT on locally manufactured textiles is extended until December 2028.
- The Covid-19 Health Recovery Levy is repealed, ending the 1% levy from January 1, 2026.
Source: kpmg.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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