VAT Reform Bill To Scrap COVID Levy – Finance Minister

Government to Scrap COVID-19 Tax and Revamp VAT System – Finance Minister Announces

‎The government has revealed plans to abolish the COVID-19 Health Recovery Levy as part of a comprehensive overhaul of Ghana’s Value Added Tax (VAT) framework, aimed at easing financial pressure on citizens and simplifying tax compliance. ‎Finance Minister Dr. Cassiel Ato Forson made the announcement during the presentation of the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24. ‎“We are committed to easing the burden on consumers…

VAT Reform Bill To Scrap COVID Levy – Finance Minister

Dr. Cassiel Ato Forson   The Minister of Finance, Dr. Cassiel Ato Forson, has announced plans by the government to introduce a new Value Added Tax (VAT) reform bill that will eliminate the COVID-19 Health Recovery Levy and simplify the country’s VAT regime. According to him, the bill, which is expected to be presented to Parliament in October 2025, forms part of wide-ranging fiscal measures to ease the burden on businesses and improve tax effici…

Cedi gains and price drops mark Ghana’s economic reset - Finance Minister

By Spendilove Incoom Ghana’s Finance Minister, Dr. Cassiel Ato Forson delivered a hopeful message to Parliament during the 2025 Mid-Year Budget Review, highlighting what he described as a ‘historic turnaround’ in Ghana’s economy just six months into President Mahama’s administration. “This level of appreciation of the Ghana Cedi has never happened in the history of our nation,” he stated confidently, pointing to the strength of the local currenc…

Ghana to Abolish COVID Levy and Overhaul VAT System

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/ghana-to-abolish-covid-levy-and-overhaul-vat-system/Ghana’s government will eliminate the COVID-19 health recovery levy and implement sweeping reforms to the Value Added Tax (VAT) regime, Finance Minister Dr. Cassiel Ato Forson announced during the 2025 Mid-Year Budget Review in Parliament. The changes aim to reduce financial burdens on citizens while…

Mid-YearBudgetReview: Gov’t reports strong economic rebound, promises sustained discipline

By Juliet Etefe (thebftonline.com)  The country’s economy is on a firm path to recovery following months of strategic reforms, prudent fiscal management and policy coordination, according to the 2025 Mid-Year Budget Review presented to Parliament on Thursday, July 24, 2025. Presenting the statement on Finance Minister, Dr. Cassiel Ato Forson painted a picture of cautious optimism, reporting significant progress in stabilising the economy after w…

COVID-19 Levy, NHIS & GETFund Levies to Be Scrapped - Ato Forson

Finance Minister Dr. Cassiel Ato Forson has delivered a firm message to Ghanaians: the era of burdensome and distortionary taxes is coming to an end. In his presentation of the 2025 Mid-Year Budget Statement to Parliament on Thursday, July 24, Dr. Forson declared that the COVID-19 Levy, along with other punitive levies under the Value Added Tax (VAT) system, will be completely abolished. “The COVID-19 Levy will go. The NHIS Levy and GETFund Levy…