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Enhancing Revenue Collection: Ghana’s E-VAT System Implementation Update by GRA

  • GRA is implementing an electronic VAT invoicing system in Ghana
  • System will provide real-time monitoring of VAT transactions
  • 600 VAT-registered taxpayers will be onboarded by June 2024
  • System is currently in piloting stage and will be rolled out to all taxpayers
  • Integration aims to enhance revenue collection, combat tax evasion, and promote transparency in tax administration

Source: fiscal-requirements.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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