VAT news tagged as "GDP"

Ghana

Ghana raises VAT from 12.5% to 15% 2014

November 24th, 2013

The African state of Ghana has voted to increase the Value Added Tax rate from 12.5% to 15% from the 1 January 2014. VAT rise needed for investment The VAT rise will raise almost €300 million of tax revenues to help fund much-needed infrastructure investments.  Ghana is too heavily reliant on deposits of gold, and …