Following the passage of the Value Added Tax Act, 2025 (Act 1151), which takes effect from January 1, 2026, the VAT rate has been cut to 20% from its previous rate of 21.9%. This comes after the ...

This will also include the deployment of digital channels like the E-VAT for accurate collection. Meanwhile, in a New Year message to the country, the Commissioner General stressed collaboration ...

The Ghana Revenue Authority (GRA) has announced sweeping changes to the country’s Value Added Tax (VAT) regime following the passage of the Value Added Tax Act, 2025 (Act 1151), with the reforms set ...

Reverse charge mechanism aims to reduce tax fraud and improve efficiency in scrap trade Add as a preferred source on Google Under the current system, scrap metal suppliers charge VAT to their ...

Parliament has approved the Value Added Tax (VAT) Bill, 2025, marking a major step toward overhauling Ghana’s VAT regime to improve clarity, consistency and legal certainty. The new law replaces the ...

A proposed amendment to South Africa’s value-added tax (VAT) system could eliminate Vat refund fraud and reduce the rate significantly without compromising revenue collections. The proposal is to have ...

Government offers phased VAT threshold changes for small businesses PM says there will be moratorium on tax-violation punishments Offer falls short of business lobbies counter-proposal Government ...

South Africa is heading for a value-added tax (VAT) increase because other taxes are at their maximum, and cutting spending is politically suicidal for the ANC, leaving VAT as the only viable option.

Finance Secretary Ralph Recto is cold on proposals to slash the Philippines' value-added tax (VAT), saying this could hurt the government's financial muscle and compel it to borrow more funds. In a ...

Oman's Tax Authority has introduced a three-point plan to eliminate double taxation on UAE imports, effective October 13, 2025. This clarification allows Omani businesses to zero-rate UAE imports, ...