The Business & Financial Times
Review of the Income Tax (Amendment) Act, 2026 (Act 1178), its impact on taxpayers
Features

Review of the Income Tax (Amendment) Act, 2026 (Act 1178), its impact on taxpayers

…Finance, supply chain and total rewards professional

Goodnews Dzramedo
Published September 24, 20267 min read

Executive Summary The Income Tax (Amendment) Act, 2026 (Act 1178) provides targeted relief to individual taxpayers and broadens access to Ghana’s presumptive tax regime for small businesses. The Act increases the annual tax-free threshold for resident individuals from GH¢5,880 to GH¢7,056 and raises the presumptive tax turnover threshold from GH¢500,000 to GH¢750,000.

Published by Christabel Danso
147 views

Topics in this article

Goodnews Dzramedo

Comment guidelines

Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.

All Comments0

No comments yet. Be the first to share your thoughts.

Related Coverage: Features

Rosatom Powering Africa's Energy
Features

Rosatom Powering Africa's Energy

The geopolitical situation is rapidly changing and impacting on Africa's development. Noticeably, Africa is becoming one of the key centres of global development.

The quiet engine of growth
Features

The quiet engine of growth

You started your business to sell a product, deliver a service, or solve a problem you understood better than anyone else.