On 12 March 2021,the Budget Statement and Economic Policy was presented to Parliament which included some key Tax Revenue proposals to sustain Government of Ghana’s fiscal outlook of maintaining an overall GDP growth rate of 5.0% for the 2021 fiscal year.  As a means of ensuring that the proposed revenue measures are implemented, the Ministry of Finance presented bills to Parliament which have been passed into law and received Presidential assent on 31 March 2021 to begin the implementation of the revenue proposals. KPMG’s flash alert provides an overview of the respective enactments passed.

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