Ghana: Tax measures in 2026 budget

VAT, income tax, customs, and excise duty reforms

The Ghana 2026 budget includes the following tax-related measures:

Comprehensive package of value added tax (VAT) reforms, including:
- Repeal of COVID-19 Health Recovery Levy and decoupling of GETFund and NHIL levies
- Increase in VAT registration threshold from GH¢200,000 to GH¢750,000
- Repeal of VAT on mineral exploration and reconnaissance
- Extension of zero-rated VAT on locally manufactured textiles until December 2028
Reform of Income Tax Act to address inconsistencies, simplify the law, and align with global standards
Implementation of Independent Tax Appeals Board (ITAB)
Reform of Customs Act to align with international standards, simplify border procedures, reduce clearance times and compliance costs, and strengthen Ghana’s competitiveness
Reform of Excise Duty Act to harmonize rates, broaden the tax base, and promote public health, environmental sustainability, and fiscal responsibility, including expanding coverage to carbon-intensive goods, plastics, and sugary beverages

Read a November 2025 report prepared by the KPMG member firm in Ghana

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Ghana: Tax measures in 2026 budget

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