Starting January 1, owners of ride-hailing vehicles will be required to pay Value Income Tax (VIT).

The Ghana Revenue Authority (GRA) has informed owners of ride-hailing vehicles about a new taxation policy called the Value Income Tax (VIT), set to be implemented from January 1.

According to a notice issued by the Authority, this tax is mandated by Section 22 of Regulations 2016, LI 2244, stipulating that “any commercial vehicle owner generating income from the operation of a commercial vehicle must pay income tax quarterly.”

The Authority has advised ride-hailing companies such as Uber, Yango, and Bolt, operating in Ghana, to modify their digital platforms to integrate the updated tax regulations.

Kindly check the full statement from Ghana Revenue Authority Below