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Business News of Friday, 14 March 2025

    

Source: www.ghanawebbers.com

‘I don’t think it’s a trial-and-error thing,’ – PWC Ghana boss defends VAT delay

Vish Ashiagbor, Country Senior Partner at PWC play videoVish Ashiagbor, Country Senior Partner at PWC

Vish Ashiagbor, Country Senior Partner at PWC Ghana, has emphasized that the delayed VAT reforms should not be seen as a trial-and-error approach but rather a carefully considered strategy.

Speaking on Joy News’ PM Express Business Edition on March 13, he explained that while there is broad agreement on the need to overhaul Ghana’s VAT system, the government is taking a measured approach to ensure effectiveness and sustainability.

“So I think the tax measures have been carefully thought through and are being carefully assessed,” he stated.

He acknowledged the concerns raised by the CEO of the Ghana Chamber of Commerce and Industry, who had expressed disappointment over the delay in VAT relief. However, Ashiagbor maintained that an immediate overhaul could have unintended consequences.