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flag Ghana is reforming its VAT system to recover 60% of lost revenue, unify taxes, and boost compliance.

flag Ghana is overhauling its VAT system to recover nearly 60% of lost revenue, with reforms including a unified 20% rate, reinstating the VAT, GETFund, and health levy under one framework, and raising the registration threshold to GH¢750,000. flag The changes aim to reduce compliance costs, lower consumer prices, and close the tax gap, with the government targeting a tax-to-GDP ratio of 16%. flag The reforms also introduce a Modified Tax Scheme for small businesses and digital tools to boost compliance.

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