The Ghana Revenue Authority (GRA) is set to extend its tax net to the country’s rapidly growing digital economy, with plans for full implementation by 2026. This move comes as part of the Authority’s broader push to modernize tax collection and enhance revenue mobilization.
Anthony Kwasi Sarpong, speaking to the media, disclosed that the GRA is currently piloting a specialised digital tool aimed at tracking online transactions. This includes purchases made through international platforms that serve Ghanaian consumers. The tool is designed to automatically deduct Value Added Tax (VAT) at the point of sale, streamlining the compliance process for both businesses and consumers.
“We are working with online companies to pilot the tool, so when you buy online, the VAT will automatically be deducted during payment,” said Commissioner-General Sarpong. He added that the Authority is committed to making tax filing and payments easier, more efficient, and fully digital—efforts expected to lower compliance costs and enhance Ghana’s ease of doing business.
In preparation for this transition, the GRA will engage extensively with the business community to provide ample time for system updates and operational adjustments ahead of the new online tax regime.
Key Takeaways:
- GRA is targeting online and international platforms selling to Ghanaian consumers.
- A new digital tool is being piloted to automate VAT deductions on online transactions.
- The initiative aims to simplify tax compliance, reduce costs, and support business growth.
- Extensive stakeholder engagement will precede full implementation by 2026.
With this approach, Ghana joins other countries embracing digital solutions to tax the booming online economy, ensuring both efficiency and fairness in revenue collection.