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Ghana to extend Value Added Tax base

  • Jul 14, 2013 | Richard Asquith
Ghana to extend Value Added Tax base

Following a recommendation by the International Monetary Fund, Ghana is set to extend the net of goods and services which will be liable to Value Added Tax.

These may include:

  • Financial services, including insurance policies and banking
  • Books, newspapers and postage
  • Medical supplies

The current Ghanaian VAT rate is 16%.  Any new changes to the VAT net would come into effect in 2014.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara