Finance Minister, Dr.
Cassiel Ato Forson, has announced that the government will undertake comprehensive Value Added Tax (VAT) reforms in 2025 to address inefficiencies in the current system and reduce the tax burden on businesses and households.
Presenting the 2025 Budget to Parliament, Dr.
Forson acknowledged that Ghana's VAT system is currently distorted and inefficient, combining elements of both VAT and sales tax principles, including a mix of flat rates, standard rates, and levies. "Mr.
