The CREATE MORE law has been in effect for approximately six months, and it has already drawn renewed attention from foreign investors. The incentive framework it introduced has encouraged ...
Potential fraud such as the “missing trader” scheme, identify-theft tax evasion or claiming input VAT for non-qualifying expenses are probed. To address economic pressures, the government is ...
Beginning January 2024, upon the passage of the Ease of Paying Taxes Act (EOPT Act), all taxpayers are mandated to adopt the accrual basis of accounting in reporting and subjecting their revenues to ...
Ghana News Agency on MSN
Demystifying the 2026 VAT reforms: Why the new system benefits consumers and businesses alike
Accra, Feb 17, GNA – On January 1, 2026, Ghana embarked on a landmark journey towards a more transparent and efficient tax system. The recent Value Added Tax (VAT) reforms represent a strategic shift ...
The Herald on MSN
New VAT regime reduces consumer prices despite 20% rate – GRA
The Ghana Revenue Authority (GRA) has stated that the new Value Added Tax (VAT) regime under the Value Added Tax Act, 2025 (Act 1151) results in lower final prices for consumers, despite the increase ...
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