How GRA is reshaping Ghana's tax regime to support investments

Ghana Revenue Authority (GRA) is boosting the country's investment climate by modernising tax administration, leveraging digital technology, simplifying tax compliance for businesses, and strengthening partnerships with the private sector. These measures seek to create a more transparent, predictable, and fair tax environment for investors as part of a 2026 "Year of Compliance" agenda. The GRA, with strategies, key reforms, incentives, and technology-driven initiatives, is poised to position Ghana as one of Africa's most compelling investment destinations with the Ghana Investment Promotion Authority (GIPA) Bill 2025, proposed as a legislative instrument to overhaul and replace the existing GIPC Act 865 (2013).

In 2025, Ghana's tax-to-GDP ratio stood at about 13.6%. In 2026, the GRA revenue target is GH¢225 billion, about GH¢50 billion more than 2025's target. There is a large VAT Tax Gap, where more than half of the VAT that should be collected under existing laws is not accruing to the national purse. Under the leadership of Anthony Sarpong, the GRA is considered a human-centred Authority guided by the Authority's six Strategic Priority Areas: People and Culture, Enhanced Revenue Mobilisation, Innovation & Tech Transformation, Data & Insights, Governance & Operational Excellence, Stakeholder Trust & Public Confidence.

The GRA has been instrumental in driving tax reforms that enhance Ghana's attractiveness to investors. The introduction of the Economic Development Tax Incentive provided 5% annual tax credit on qualifying capital expenditure for up to five years, with carry-forward provisions, replacing the legacy Pioneer Status incentive. A unified VAT rate of 15% on all taxable supplies, removing previous variations, was provided. The VAT Reform in Structure provided a Consol