- Ghana’s Parliament has passed the VAT Bill, 2025, marking a major reform of the country’s VAT system.
- The new law aims to simplify the VAT regime, improve clarity, and enhance legal certainty for taxpayers and businesses.
- It replaces the fragmented flat-rate system with a unified, standardized VAT structure.
- The VAT registration threshold has been raised, exempting thousands of micro and small businesses from VAT obligations.
- The reform is expected to reduce compliance burdens on informal and low-turnover enterprises.
Source: africataxreview.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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