The government has declared its intention to tax electronic smoking devices beginning next year.
Delivering the 2023 budget on the floor of parliament, the Finance Minister, Ken Ofori-Atta said, “excise tax reform will include a revision to the taxation of cigarettes and tobacco products to align with ECOWAS protocols.”
“The reform will also target increase in the excise rate for spirits above that of beers. There will be taxation of products such as electronic smoking devices and liquids which are not currently taxed,” Ofori-Atta added.
Meanwhile, the government has announced some measures to reduce public expenditure in 2023.
Among other things, the government has banned public officials from using V8s/V6s for cross-country travel
Ken Ofori-Atta also announced a hiring freeze for civil and public servants and non-critical projects suspended.
He, thus, called for the support of the general public stating that “this is the time to rebuild, not to destroy and tear down. Let us work together for our collective benefit.
Source: The Independent Ghana