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

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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
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