Value added tax (VAT) is a consumption tax that applies to most goods and services. It is classified as an indirect tax, meaning that while it is paid by consumers, it is collected and remitted to the ...

Concerns over a possible increase in consumer prices and market distortion following implementation of the new Value Added Tax (VAT) regime have been debunked by the Ghana Revenue Authority (GRA).It ...

The government has partially reduced value-added tax (VAT) on liquefied petroleum (LP) gas, aiming to stabilise prices of the essential fuel used in households and industry while keeping it affordable ...

Another amendment addresses the process for returning goods purchased with cash register receipts (CRRs). The regulation will ...