- Businesses engaged in taxable activities in Ghana must register for VAT once annual turnover exceeds GH¢750,000.
- VAT-registered businesses will receive a VAT registration certificate from the Ghana Revenue Authority.
- Businesses below the GH¢750,000 threshold are not required to register for VAT based solely on turnover.
- Consumers should request valid VAT invoices from registered businesses.
- Advertised prices by VAT-registered businesses should be VAT-inclusive; no extra VAT should be added on top.
Source: ghanaweb.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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