Ghana: Value Added Tax (Amendment) (No. 2) Act, 2022 (Act 1087)
Progress
Current status
in force
01 Jan 2023 in force
29 Dec 2022 in grace period
Scope
Implementers
Ghana
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
cross-cutting
platform intermediary: e-commerce
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Implemented Value Added Tax (Amendment) (No. 2) Act, 2022 (Act 1087) exempting stakes in betting and gaming
On 1 January 2023, the Value Added Tax (Amendment) (No. 2) Act, 2022 (Act 1087) enters into force. The Act amends the Value Added Tax Act, 2013 (Act 870). The Act increases the standard VAT rate from 12.5% to 15%. The amendments expand VAT exemption…
SourceEvent type
law
Action type
implementation
Government branch
executive
Government body
central government
Entry into force with grace period of Value Added Tax (Amendment) (No. 2) Act, 2022 (Act 1087) exempting stakes in betting and gaming
On 29 December 2022, the Value Added Tax (Amendment) (No. 2) Act, 2022 (Act 1087) enters into force with grace period, amending the Value Added Tax Act, 2013 (Act 870). The Act increased the standard VAT rate from 12.5% to 15%. The amendments expand…
SourceEvent type
law
Action type
in force with grace period
Government branch
executive
Government body
central government