Government announces removal of 5 nuisance taxes in 2025 budget.
The Minister expressed optimism that eliminating these taxes will ease pressure on households and stimulate economic activity.
tax
Ministry of Finance releases new report on Ghana’s VAT system
Titled “A review of Ghana’s VAT system”, the report, was jointly produced with researchers from the Institute for Fiscal Studies (UK) and the Ministry of Finance.
Trump plans reciprocal tariffs with inflation heating up.
President Trump is threatening a round of reciprocal tariffs, suggesting the U.S. could tax imported goods at the same level that other countries tax U.S. exports.
IMF to Converse 2025 Budget with Government Amid Plans to Remove Key Taxes
The talks come at a pivotal moment, with the government planning to scrap key tax lines, including the contentious E-levy, betting tax, and COVID-19 levy
Trump’s Tariffs On Canada And Mexico May Affect Everything From Avocados To Cars
The tariffs would also invite retaliation. Doug Ford, the premier of Ontario, has already vowed to counterpunch by pulling American alcohol off store shelves in the Canadian province – no idle threat; Canada is the world’s No. 2 market for America’s distilled spirits (behind the 27-nation European Union).
Trump Pulls USA Out Of Global Corporate Tax Treaty
Trump signed a flurry of executive orders within hours of taking the oath of office on Monday, pulling the United States out of the Paris Climate Accords and the World Health Organisation (WHO), and undoing many of his predecessor’s policies.
Mahama’s Tax Cuts: A Bold Gamble for Ghana’s Economy?
The abolition of Port Dues, which contribute GHS 4 billion to government revenue, is intended to boost Ghana’s competitiveness within the AfCFTA