Phase 4 of E-VAT rollout 40,000 taxpayers by Q4 2025
The Ghana Revenue Authority is to extend its near-live E-VAT invoice reporting regime to another phase of taxpayers. The second phase covered 2,000 large taxpayers and has been underway since the end of 2024. Phase one started in 2022. There are now over 3,000 taxpayers on the E-VAT platform.
This latest third phase covers 4,000 taxpayers.
Ghana’s E-VAT obliges mandated taxpayers to upload invoices within 48 hours of issuance. Previously, there was a 30-day paper-based manual reporting process.
Phase 2 of to commence for over 2,000 taxpayers
The Ghanian Revenue Authority (GRA) is launching this month its second phase of e-invoicing regime, ‘E-VAT’. Phase 1, for 600 large and high-risk taxpayers, started in 2022 and completed.
This next phase will include more than two thousand small and medium taxpayers. The help close the VAT Gap, Commissioner-General’s certified invoice will be the only basis for all deductible expenses for income tax purposes.
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This group of 2,000 covers almost 90% of all Value Added Tax revenues. GRA aims to raise VAT’s contribution to tax revenue to 20% by the end of this year and 30% in 2024. The medium-sized taxpayers will be mandated from December 2023.
Our international live VAT invoice transaction and e-invoice tracker on real-time transaction-based tax reporting lists all the countries imposing transaction-based reporting.
The GRA in April 2022 launched its voluntary e-invoicing platform for businesses to adopt electronic invoicing. E-VAT Portal to issue Electronic VAT invoices to customers will be piloted by 100 taxpayers. A pilot for 50 taxpayers (prior to phase 1) ending in October 2022.
Taxpayers report their sales invoices to obtain an electronic tax clearance certificate (e-TCC). The e-TCC allowed taxpayers to generate their certificates online, thereby eliminating the human involvement that led to the faking of such certificates.
This is a part of tax digitisation programme, including cashless payments and online tax filings.
The GRA has already introduced a platform for e-commerce and digital services portal which enables non-resident companies to pay taxes online as well as resident citizens.
Ghana also introduced VAT fiscal cash registers in 2018.
