Ghana: Entry into force with grace period of Value Added Tax (Amendment) (No. 2) Act, 2022 (Act 1087) exempting stakes in betting and gaming
Description
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…
Scope
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
cross-cutting, platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
central government