- Ghana’s 2026 mid-year budget review introduces VAT reforms effective January 1, 2026, alongside proposed Customs and Excise changes and a tech-driven compliance push.
- The COVID-19 Health Recovery Levy has been removed; NHIL and GETFund Levies are now separate from the VAT base and can be claimed as input tax deductions.
- VAT stays at 15%, while NHIL and GETFund remain at 2.5% each on the same base value.
- The VAT registration threshold for goods businesses has been increased to GHS 750,000 to ease burdens on micro and small enterprises.
- Revenue enforcement will rely more on technology, including fiscal electronic devices, cross-border VAT monitoring for digital services, and ICUMS integration.
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.
