Ghana Tax Guide: Charting tax trends in Ghana

The tax regime in Ghana has seen a number of changes in recent times.

The following highlight some further expected changes as per the 2012 Budget Statement and Economic Policy:

  • Revision of turnover threshold for VAT registration;
  • Introduction of a mechanism for offsetting of tax credit balances against other tax types;
  • Adoption of appropriate measures to ensure that tax incentives serve as true incentives and are not abused by recipients; and
  • Introduction of windfall profits tax for the mining sector.