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The Minister of Finance, 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.
It has come to pass in the past week that minister for finance Paschal Donohoe has made the decision to remove the poultry broiler sector from the Vat flat rate ...
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 ...
Ghanaians could see changes in pricing and tax compliance as the government outlines plans to overhaul the country’s Value Added Tax (VAT) system.
Presenting the 2025 Mid-Year Budget Review in Parliament, Dr. Forson said the flat rate will be replaced with a unified VAT rate aimed at simplifying the tax regime and reducing the burden on ...
Quansah, Director for Tax and Legal Services at PwC, has urged the government to reconsider its proposal to abolish the Value ...
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 ...
Mr. Anthony Dagadu, an Economic Expert in the Volta Region, has commended the government for what he described as a positive and impactful 2025 Mid-Year Budget Review, highlighting its potential to ...
“COVID levy will be abolished,” Dr Forson stated clearly. “The effective VAT rate will be reduced,” he added, signalling a wider review of Ghana’s current VAT system.