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Ghana to extend Value Added Tax base

  • VAT
  • 15 July 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 VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.