Value Added Tax (Amendment) (No 2) Act, 2022 Act 1087

VALUE ADDED TAX (AMENDMENT)
(NO. 2) ACT, 2022
Act 1087
ARRANGEMENT OF SECTIONS
4 Section
1. Section 3 of Act 870 amended
a 2. Section 5 of Act 870 amended
3. Section 22 of Act 870 amended
4. Section 41 of Act 870 amended
5. Section 48 of Act 870 amended
6. First Schedule to Act 870 amended
7. Second Schedule to Act 870 amended

Act 1087
REPUBLIC OF GHANA
The One Thousand and EIGHTY-SEVENH
ACT
OF THE PARLIAMENT OF THE REPUBLIC OF GHANA
ENTITLED
VALUE ADDED TAX (AMENDMENT) (NO. 2) ACT, 2022
AN ACT to amend the Value Added Tax Act, 2013 (Act 870) to provide
for an increase in the Value Added Tax rate, remove the tax exemption
for imported textbooks and imported newspapers and other printed
matter, exempt betting and other games of chance from tax, review
the transitional provisions and administrative penalty for non
implementation of the electronic Value Added Tax system and for
related matters.
DATE of ASSENT: 29th December, 2022.
Passed by Parliament and assented to by the President
Section 3 of Act 870 amended
1. The Value Added Tax Act, 2013 (Act 870) referred to in this Act as
the “principal enactment” is amended in section 3 by the substitution for
section 3, of
2

lue Added Tax Act, 2013 (Act 870) referred to in this Act as
the “principal enactment” is amended in section 3 by the substitution for
section 3, of
2

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Value Added Tax (Amendment) (No. 2) Act, 2022 Act 1087
“Rate of tax
3. (1) Except as otherwise provided in this Act, the rate
of the tax is fifteen percent and is calculated on
(a) the value of the taxable supply of the goods
or services; or
(b) the value of the import. (2) Unless otherwise directed by the Commissioner
General in writing, a taxable person who
(a) is a retailer of goods; and
(b) makes at the end of any period of twelve
months, taxable supplies not less than two
hundred thousand Ghana Cedis but not
exceeding five hundred thousand Ghana
Cedis
shall account for the Value Added Tax payable under this section
at a flat rate of three percent calculated on the value of the taxable
supply. (3) Subsection (2) does not apply to the supply of goods
specified under section 27.”. Section 5 of Act 870 amended
2. The principal enactment is amended in section 5 by the deletion
of paragraph (d) of subsection (2). Section 22 of Act 870 amended
3. The principal enactment is amended in section 22 by the repeal of
subsection (2). Section 41 of Act 870 amended
4.

). Section 22 of Act 870 amended
3. The principal enactment is amended in section 22 by the repeal of
subsection (2). Section 41 of Act 870 amended
4.

The principal enactment is amended in section 41 by
(a) the substitution for subsection (11), of
“(11) A person who
(a) issues a false tax invoice or sales receipt;
3

actment is amended in section 41 by
(a) the substitution for subsection (11), of
“(11) A person who
(a) issues a false tax invoice or sales receipt;
3

Act 1087 Value Added Tax (Amendment) (No. 2) Act, 2022
(b) fails to issue a tax invoice or sales receipt
contrary to subsection (1) or (5);
(c) fails to issue a tax invoice through a Certified
Invoicing System contrary to subsection (2);
(d) tampers, manipulates or interferes with the
proper functioning of a Certified Invoicing
System;
(e) fails to integrate the Certified Invoicing
System of the taxable person into the
invoicing system of the Commissioner
General contrary to subsection (2); or
(f) fails to re-connect the Certified Invoicing
System of the taxable person to the invoicing
system of the Commissioner-General
contrary to subsection (9)
is, in addition to the penalty provided under section 58, liable to
pay a penalty of an amount of not more than fifty thousand
currency points or three times the amount of tax involved,
whichever is higher.”;
(b) the substitution for subsection (12), of
“(12) Except as otherwise directed by the
Commissioner-General, a taxable person shall, upon the
coming into force of this Act, comply with the provisions
of this section.”; and
(c) the deletion of subsections (13) and (14).”. Section 48 of Act 870 amended
5.

force of this Act, comply with the provisions
of this section.”; and
(c) the deletion of subsections (13) and (14).”. Section 48 of Act 870 amended
5.

The principal enactment is amended in section 48
(a) by the deletion of paragraph (c) of subsection (1); and
(b) by the deletion of subsection (7B).”. 4

Value Added Tax (Amendment) (No. 2) Act, 2022 Act 1087
First Schedule to Act 870 amended
6. The principal enactment is amended in the First Schedule by
(a) the substitution for subparagraph (2) of paragraph
10, of
“(2) The exemption in subparagraph (1) does not
apply to imported textbooks, imported newspapers,
i architectural plans and similar plans, drawings,
scientific and technical works, periodicals,
magazines, trade catalogues, price lists, greeting
cards, almanacs, calendars, diaries and stationery
and other printed matter.”; and
(b) the substitution for paragraph 26, of
“26. The acceptance of a wager or stake in any form
of betting or gaming, including lotteries and from
gaming machines.”.
Second Schedule to Act 870 amended
7. The principal enactment is amended in the Second Schedule by
the substitution for subsubparagraph (a) of subparagraph 6 of paragraph
2, of
a(a) section 19 and subsection (4) of section 18 are satisfied;
and;”.
5

the substitution for subsubparagraph (a) of subparagraph 6 of paragraph
2, of
a(a) section 19 and subsection (4) of section 18 are satisfied;
and;”.
5

Act 1087 Value Added Tax (Amendment) (No. 2) Act, 2022
1
Date of Gazette notification: 29th December, 2022.
DARLIAMENTOFGHANAUBRAY
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