Digital VAT System To Generate GH¢2.3bn In First Year – Ato Forson

Jul 23, 2026 - 17:02
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Digital VAT System To Generate GH¢2.3bn In First Year – Ato Forson

Finance Minister Dr Cassiel Ato Forson has disclosed that the government's new digital system for collecting Value Added Tax (VAT) from non-resident platforms is expected to generate about GH¢2.3 billion in its first full year of operation.

According to him, the technology-driven reform is part of broader efforts to modernise revenue administration, improve tax compliance and expand Ghana’s revenue base.

Presenting the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Ato Forson said the cross-border technology solution for collecting VAT from non-resident platforms was successfully piloted in April 2026.

“The pilot confirmed that the system is functional, stable, secure and compliant with regulatory requirements,” he told Parliament.

Dr Forson said the government is currently taking steps to secure the necessary regulatory approvals to enable the full deployment of the system across the country.

He added that revenue generated from the initiative is expected to grow by approximately 20% annually after its first year of implementation.

The finance minister noted that leveraging technology in tax administration is a key component of the government's strategy to improve compliance and mobilise more domestic revenue without relying solely on increases in tax rates.

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