The Ghana Revenue Authority (GRA) and the Ghana Union of Traders’ Association (GUTA) held a joint meeting on Wednesday, 7th January 2026, to discuss the implementation of the Value Added Tax Act, 2025 (Act 1151).
The meeting aimed to deliberate on the impact of the new legislation on traders, particularly GUTA members who previously operated under the VAT Flat Rate Scheme.
Key agreements reached include:
1. All taxpayers, including GUTA members, must charge and account for VAT at 20% (comprising VAT, NHIL, and GETFund Levy) by the end of the first quarter of implementation, as per the law. This allows GUTA to provide feedback to GRA on concerns raised.
2. A joint technical team of GUTA and GRA will address sector-specific challenges, including VAT record-keeping, input VAT claims, and VAT calculation, making recommendations for further review.
3. Nationwide education and sensitization programs will guide traders through the transition to ensure compliance with the new VAT regime.
GRA reassured traders6 of its support for a smooth transition, while GUTA encouraged members to comply with the new law, prioritizing traders’, consumers’, and national developmentH interests.
The joint release was issued by the Ghana Revenue Authority (GRA) and Ghana Union of Traders’ Associations (GUTA).
