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.

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 ...

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 ...

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

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

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 ...

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 ...

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 ...