The GRA said such claims stem from a “fundamental misunderstanding” of how the revised VAT system functions. According to the GRA, when input VAT deductions are correctly applied, the new VAT regime should lead to lower, not higher, consumer prices. VAT threshold increaseThe GRA also addressed concerns about the increase in the VAT registration threshold to GH¢750,000, which some traders claim could distort competition. • Full input VAT deductibility, including NHIL and GETFund components. The team is tasked with providing guidance on VAT record-keeping, how to properly claim input VAT, and how to structure prices correctly under the new framework.

Source: GhanaWeb February 11, 2026 13:04 UTC