New VAT Rate Of 17.5% Takes Effect

George Blankson, Boss of GRA The new Value Added Tax (VAT) rate of 17.5 per cent has taken effect. This followed the presidential assent given the VAT Act 2013 (Act 870) on December 30, 2013, and its subsequent gazetting the following day. Under the regime, the standard rate which was 12.5 per cent, moves up […]