Digital VAT collection to cover mobile payments, not just bank cards – GRA

The Commissioner-General of the Ghana Revenue Authority (GRA), Anthony Kwasi Sarpong, says the digital Value Added Tax (VAT) collection system will cover qualifying payments made through mobile and other digital payment platforms, beyond transactions involving bank cards.

READ ALSO: Banks to charge 20% VAT on payments for Netflix, Zoom, TikTok and others The Real-Time VAT framework covers electronically supplied services from non-resident providers paid for through Ghana-issued payment instruments, including cards, mobile money accounts and digital wallets.“So any other digital payment platform you are using, at the point of payment, the system will split the value into two,” he stated.