According to recent reports, Ghana enacted legislation for the 2024 Budget on 29 December 2023, including the Value Added Tax (Amendment) Act, 2023 (Act 1107), the Excise Duty (Amendment) (No.2) Act, 2023 (Act 1108), the Stamp Duty (Amendment) Act, 2023 (Act 1109), the Exemptions (Amendment) Act, 2023 (Act 1110), and the Income Tax (Amendment) (No.2) Act, 2023 (Act 1111)

• A VAT flat rate of 5% …