- July 28, 2022
- Posted by: Amos Ekow Coffie
- Categories: Banking and Finance, Economics
Government will introduce electronic VAT (E-VAT) as some measures to increase revenue generation.
As contained in the mid-year budget statement presented to Parliament yesterday, July 25th, 2022, the Finance Minister, Ken Ofori-Atta said the Ghana Revenue Authority, GRA is finalizing all relevant processes to that effect.
The includes a proposed amendment of the VAT Act that will enable the electronic collection from 1st October, this year.
Source: GBC news