- Ghana Revenue Authority (GRA) says E-VAT rollout progressing as planned
- Successful pilot phase completed with 50 taxpayers
- During pilot phase, VAT revenue grew by over 58%
- Efficiency of electronic VAT invoicing contributed to revenue impact of GHs 124 million
- Rollout being conducted in phases, with large taxpayers onboarded first
- Second phase to target medium and small taxpayers by end of December 2024
- Final phase to integrate all other VAT registered taxpayers into E-VAT system
- GRA confident in positive impact of E-VAT on revenue collection
- Stakeholders encouraged to contact GRA for inquiries or assistance on E-VAT system deployment.
Source: ghanaiantimes.com.gh
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.