Business News of Tuesday, 6 January 2026Source: www.ghanaweb.comSome shoppers in Accra are beginning to see modest price reductions in goods as businesses adjust to recent reforms in the Value Added Tax (VAT) system, following the government’s removal of the COVID-19 Levy and the three per cent flat rate. The changes have effectively lowered the VAT burden on goods to 20 percent. Some consumers have welcomed the changes, noting that the reduced prices have been a relief for their pockets. Before, when I bought items, the tax was a lot, but now it’s not,” one shopper said in an interview with GhanaWeb. The authority has cautioned that businesses that continue to charge unauthorised levies will be sanctioned, adding that public education efforts are ongoing to help consumers fully benefit from the reforms.

Source: GhanaWeb January 06, 2026 16:01 UTC