Ghana's Ministry of Finance has published a major new report - A review of Ghana's value-added tax (VAT) system.
This report, jointly produced with researchers from the Institute for Fiscal Studies (UK) analyses the design and administration of Ghana's VAT and associated levies, as well as short and longer-run revenue trends.
It draws on well-established VAT policy principles, practice in other countries, and both detailed tax data and qualitative intelligence on the operation of the VAT and levies in Ghana.
Key findings in the report include: That Ghana's VAT system is progressive, with VAT making up a larger share of expenditure for richer households than poorer households, in large part reflecting exemptions for basic foodstuffs.
