Charting tax trends in Ghana 2013

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

The following highlight some further expected changes according to the 2013 Budget Statement and Economic Policy:

  • Increasing the Value Added Tax (“VAT”) threshold from GH¢90,000 to GH¢120,000 and introducing 3% and 6% presumptive taxes on persons who are not required to register for VAT; and
  • Finalising and passing into law the Windfall Tax Bill which imposes a windfall tax on mining companies.

In this publication all tables and other currency references are in Ghana Cedi (GH¢) which was approximately US$ 0.48 as at 31 July 2013.

Although we have taken all reasonable care in compiling this publication, we do not accept responsibility for any errors or inaccuracies that it may contain. This guide has been prepared for a quick reference, and action should not be taken on the strength of the information contained herein without obtaining professional advice.