26.2 C
Accra
Monday, July 8, 2024
BusinessGovt is confused over new taxes - GFL

Date:

Govt is confused over new taxes – GFL

spot_img

The General Secretary of the Ghana Federation of Labour, Abraham Koomson, has bemoaned the “numerous” taxes Ghanaians have to pay.

He said that the finance minister, Ken Ofori-Atta and by extension, the government is confused about how to run the economy because there are already about 17 taxes.

- Advertisement -

His comment comes on the back of the passage of the three revenue bills; Excise Duty, Growth and Sustainability Levy, and Income Amendment Bills. Something he says will add to the excruciating burden the ordinary Ghanaian is already going through.

“This government, they are confused especially the finance minister who doesn’t know what he is doing. Already, about seventeen taxes are being paid, we have import duty which is 5%, import VAT of 15%, processing fee, ECOWAS Levy, Network Charge VAT, Network Charge Covid-19 levy, Health, Ghana’s Shippers Authority SNF fee, Import National Health Insurance, Network Charge National Health Insurance, IRS Tax deposit, Special Import Levy…

- Advertisement -

“Seventeen taxes are being paid before these three new ones so we don’t need taxes again,” he was quoted by 3news.com.

Reacting further, Mr Koomson said the Federation of Labour has tried unsuccessfully to have an audience with the finance minister after they got wind of the new taxes.

- Advertisement -

“Fortunately for us, we got wind of these new taxes that Ofori-Atta wanted to impose on us so we petitioned Parliament through the Speaker dated 3rd February 2023. GUTA also petitioned, AGI petitioned, to the extent that AGI even gave recommendations, they wanted engagements with Finance Committee of Parliament… the Food and Beverages Association of Ghana also petitioned, we even followed up, we went to parliament to meet the leadership there, for the speaker we couldn’t access him, we went there several times but he was involved in other things so we couldn’t access him.
“Our problem now is that the taxes that we are paying, if they are not being applied well that is the situation that we will find ourselves in because we know that going to IMF comes with so many implications,” he told Moro Awudu.

He also added that these taxes must be put to good use, especially when the country is looking to secure some support from the International Money Fund.

“Our problem now is that the taxes that we are paying, if they are not being applied well that is the situation that we will find ourselves in because we know that going to IMF comes with so many implications,” he said.

Latest stories

40-year-old woman left blind after alleged assault by boyfriend

A troubling incident in Tarkwa-Maakro, Suame Municipality, Ashanti Region...

I earn GHC1,500 to GHC2000 as a chef, it’s too small – Chef Smith

Ghanaian Chef Ebenezer Smith, also known as Chef Smith,...

Mahama didn’t say anything new when he met the media – NPP Deputy General Secretary

Deputy General Secretary of the ruling New Patriotic Party...

Kennedy Agyapong forced Bawumia to choose NAPO as his running mate – Akwasi Aboagye claims

Political commentator Akwasi Aboagye has claimed that Dr. Bawumia's...

Chief Justice has the mandate to request for more Supreme Court judges – Majority

The Majority in Parliament has rallied behind Chief Justice...

OLA Girls SHS fail to qualify for 2024 NSMQ nationals

OLA Girls Senior High School in Ho has failed...

You have a big problem if you want a 71-year-old man to protest for your freedom – Kwesi Pratt to youth

Editor-in-Chief of the Insight newspaper, Kwesi Pratt, has encouraged...

Related stories

Gov’t secures GHC3.34bn from T-bills auction

The latest treasury bill auction conducted by the Bank...

Ghana partners Chinese company to build $450m manganese refinery

CEO of the Minerals Commission, Martin Ayisi, has announced...

GSE adopts data-focused modernisation to address market needs

The Ghana Stock Exchange (GSE) is spearheading a revolutionary...

First phase of Boankra Inland Port sees 40% completion

About 40% of the initial phase of the $308...

Accra to host first Electric Revolution Africa E-mobility conference

Ghana is set to host the inaugural Electric Revolution...

Prices of gari go up due to cassava shortage

The gari market in Koforidua is grappling with a...

World Bank supports COCOBOD with US$100m to rehabilitate cocoa farms

The Ghana Cocoa Board (COCOBOD) has secured a US$100...