The Ghana Revenue Authority (GRA) launched its mandatory electronic invoicing system, known as e-VAT, in October 2022. The pilot group included 50 large taxpayers. According to the 2024 Budget, the second phase will expand the e-VAT system to include an additional 600 large taxpayers, as well as more than 2000 small and medium-sized taxpayers throughout 2024.
The GRA’s tax digitization includes the e-VAT system, along with initiatives for cashless payments, online tax filings, and platforms catering to e-commerce and digital services. Under the e-VAT framework, taxpayers are required to issue VAT receipts, invoices, and credit notes electronically. These documents must include a QR code and several other essential content elements for compliance.