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Ghana VAT changes

  • Mar 2, 2017 | Richard Asquith

Ghana VAT changes

The proposed 2017 budget for Ghana has introduced a number of changes to the indirect tax regime.  These include:

  • Exemption from VAT for financial services
  • New VAT rate of 3% for certain businesses as opposed to the standard rate of 15%, which was introduced in 2014
  • Exemption from VAT for real estate transactions
  • Exemption from VAT for internal airline flights

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 won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.