The Government has presented a generally bullish,
growth‑driven budget for 2026, balanced with cautious
stabilisation measures aimed at consolidating gains in revenue
mobilisation and compliance. The fiscal package signals a pivot
toward broadening the tax base, streamlining administration through
digital tools and aligning core regimes with international
practice, while providing targeted reliefs to support priority
sectors.
Value Added Tax (VAT)
The budget proposes a comprehensive reset of the VAT framework
to simplify compliance, reduce effective rates, and leverage
technology for enforcement.
- Registration threshold increased. The VAT
registration threshold will rise from GHS 200,000 to GHS 750,000,
focusing compliance on medium and larger taxpayers and reducing
administrative burdens for micro and small enterprises.
