The flat rate of 5.1% applies equally among all farmers, including those selling milk, cattle, sheep, pigs, grains and forestry.

small Ltd company, incorpated from a sole trader business 8 years ago. was on flat vat for VAT as a sole trader.

The average overcompensation is around €12,500 per year, if the 560 or so poultry breeding, hatching and rearing farms in Ireland are included ...

The Finance Minister Dr. Cassiel Ato Forson has announced that the government will soon scrap the existing VAT Flat Rate Scheme as part of efforts to reform Ghana’s tax system. Presenting the ...

For example, on an invoice of £600 plus VAT of £120, a vehicle repair business would pay a VAT rate of 8.5% giving them a saving of £59, whereas an IT consultant would pay 14.5%, giving a ...

Quansah, Director for Tax and Legal Services at PwC, has urged the government to reconsider its proposal to abolish the Value ...

Business News of Thursday, 24 July 2025 Source: www.ghanaweb.com 2025 Mid-Year Review: Government to scrap flat VAT, reduce main rate – Finance minister ...

Ghanaians could see changes in pricing and tax compliance as the government outlines plans to overhaul the country’s Value Added Tax (VAT) system.

This paper studies the effect of the VAT threshold on firm growth in the UK, using exogenous variation over time in the threshold, combined with turnover bin fixed effects, for identification. We find ...

Cato has long been an admirer of a Steve Forbes/Dick Armey flat tax, which also replaces the corporate tax with a form of VAT. (I worked for Dick Armey back in the mid-1990s and had a hand in that ...

Dr. Cassiel Ato Forson The Minister of Finance, Dr. Cassiel Ato Forson, has announced plans by the government to introduce a new Value Added Tax (VAT) reform bill that will eliminate the COVID-19 ...