The Ghana Revenue Authority (GRA) is in the process of rolling out an electronic VAT invoicing system that will assist businesses and the authority in obtaining real-time monitoring of VAT transactions.
More on deadlines and some specifics are as follows.
The GRAs’ informative statement regarding the implementation of the E-VAT system in Ghana
Public
Ghana
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
565
Content accuracy validation date:
12.06.2024
Content accuracy validation time:
08:14h
No later than June 2024, six hundred (600) VAT-registered taxpayers will be onboarded into the system to issue electronic VAT invoices based on the GRA predictions.
The authority emphasised that the e-VAT system is currently in the piloting stage but will soon be rolled out to all VAT-registered taxpayers. This integration aims to enhance revenue collection, combat tax evasion, and promote transparency in tax administration, as evidenced by the success of the pilot phase.
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