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Ghana Reduces Electronic Transfer Levy and Increases VAT Rate

|Approved Changes|Ghana
Ghana

The Ghana Revenue Authority recently announced the amendment of different tax laws with effect from 1 January 2023, including measures announced as part of the 2023 Budget. The two main measures include a reduction in the Electronic Transfer Levy headline rate to 1% and an increase in the VAT rate from 12.5% to 15.0%.

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Amendments Of Tax Laws

The Ghana Revenue Authority (GRA) announces for the information of the general public the coming into force of the amendments of the following t…

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