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Tag: Electricity VAT

Gov’t Replaces Electricity VAT With Foreign Income Tax

April 17, 2024April 17, 2024

  • by Frank Aboagye Jackson
  • 1 Comment on Gov’t Replaces Electricity VAT With Foreign Income Tax

Gov’t Replaces Electricity VAT With Foreign Income Tax

In response to a GH¢1.8billion revenue gap caused by the decision to halt the value-added tax (VAT) on electricity, the government has announced plans to implement a tax on the foreign incomes of resident Ghanaians. The move comes after public backlash

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