- Ghana will review its value-added tax system.
- The review is based on a study by the Institute for Fiscal Studies.
- The government will review value-added tax relief measures.
- The government will address businesses that have not registered for VAT or have not complied with their tax obligations.
- The report suggests that operating various VAT rates causes problems.
- The report recommends against using VAT exemptions.
- The report discusses the potential application of VAT reverse charge rules.
- The report warns of complexity and tax neutrality concerns regarding the National Insurance Health Levy, the Ghana Educational Trust Fund Levy, and the COVID-19 Health Recovery Levy.
Source: answerconnect.cch.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.
