Business to see relief as Ato Forson promises VAT reforms
The Minister of Finance designate, Dr Cassiel Ato Baah Forson, has promised to carry out significant reforms in the implementation of the Value Added Tax (VAT) .
He said this will give huge relief to businesses that are suffocating under the presented chaotic and distorted implementation of the VAT.
Dr Ato Forson was speaking during his appearance at the Appointments Committee of Parliament on Monday.
He said concerns raised by the business community so far include unpredictable tax policy and administration such as distorted VAT regime.
“To this end the government will undertake a comprehensive review of Ghana’s VAT regime as casptured in the manifesto of the National Democratic Congress (NDC), Dr Ato Forson said.
He said this is intended to ...
