- Ghana Revenue Authority aims to cut the VAT gap from 60% to about 30% by end-2028 under its VAT Strategic Plan, mainly by improving compliance and collections from the existing tax base.
- The target implies collecting roughly 30% more VAT than currently collected, alongside broader taxpayer compliance over time.
- As part of a VAT Compliance Campaign, GRA found some businesses were not consistently issuing VAT invoices.
- GRA said the campaign is educational first, not meant to harass businesses, but deliberate non-compliance will be enforced against.
Source: businessghana.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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