Ghana news briefing
Businesses with over GH¢750,000 turnover required to register for VAT – GRA
By GhanaSummary Newsroom1 min read
Naab explained that businesses involved in taxable activities must first meet the prescribed turnover threshold before they are required to register for VAT.
Businesses engaged in taxable activities with an annual turnover above GH¢750,000 are required to register for Value Added Tax (VAT), the Ghana Revenue Authority (GRA) has stated.
Dominic Naab, said businesses that meet the threshold are expected to register and obtain a VAT registration certificate from the Authority.
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