Ghana 2026 budget: corporate tax rate cut and new digital services levy confirmed

Ghana's 2026 budget, presented to Parliament in March, introduced the most significant corporate tax changes in a decade. The headline corporate income tax rate has been reduced from 25% to 22% for companies outside the extractive sector, effective 1 January 2026, as part of the government's strategy to attract foreign direct investment. At the same time, a new 2% Digital Services Levy has been introduced on the gross revenue of non-resident digital service providers supplying to Ghanaian consumers, including streaming platforms, software-as-a-service providers, and online marketplaces. The budget also confirmed the removal of the COVID-19 levy, which expired on 31 December 2025, reducing the overall VAT-equivalent burden on standard supplies from 21% to 20%.