Ghana's parliament approved the Acts for the implementation of the 2020 Budget Statement and Economic Policy at the end of December 2019, with the Acts published on 30 December 2019. In addition to the individual income tax changes previously reported, the measures include the following:
- The National Fiscal Stabilization Levy (5%) and Special Import Levies (2%) are renewed and extended for five years through 2024;
- The individual personal reliefs are revised upwards as follows:
- Marriage / Res…