Tag: VAT
Business
TUC slams government’s move for 15% VAT on electricity, calls it unfair to labor
Deputy General Secretary of the Trades Union Congress (TUC), Joshua Ansah, has condemned the government's move to impose a 15% Value Added Tax (VAT)...
Business
January 2024 inflation to hit to 22.4% – Report
In its latest report, IC Research predicts a decline in inflation to 22.4% in January 2024 from the December 2023 figure of 23.4%.The...
Business
VAT on electricity: Govt sidelining us in decision-making process is surprising – Austin Gamey
A Labor Consultant, Mr. Austin Akufo Gamey, has expressed the view that the government should have engaged labor unions in the decision-making process regarding...
Business
Ghanaians will not be burned by 15% VAT on electricity – Ken Ofori-Atta
Finance Minister Ken Ofori-Atta has reiterated that the 15% Value Added Tax (VAT) on electricity consumption, particularly for lifeline consumers, will not pose a...
News
TUC sets 7-day deadline for government to withdraw VAT on electricity
Trades Union Congress (TUC) has issued a seven-day ultimatum to the government, demanding the withdrawal of the imposition of Value Added Tax (VAT) on...
News
ECG is yet to implement VAT on residential electricity bills – Management
The Electricity Company of Ghana (ECG) has clarified that it has not yet enforced the Value-Added Tax (VAT) on residential electricity consumption exceeding lifeline...
Business
CEO of IPPs Chamber raises concerns over 21% VAT on electricity
Energy Specialist Dr Elikplim Kwabla Apetorgbor has highlighted the imminent rise in electricity costs for consumers in Ghana due to the imposition of a...
News
TUC kicks against 15% VAT on domestic power consumption exceeding lifeline limit
Dr. Yaw Baah, the Secretary General of the Trades Union Congress (TUC), expressed strong opposition to the imposition of a 15% value-added tax (VAT)...
News
VAT on electricity will affect our businesses – Consumers
The recent imposition of a 15 percent Value Added Tax (VAT) on electricity consumption, effective January 1, 2024, has triggered concerns among residents in...
Business
GRA declares Jan 1, 2024 as implementation date for 7 new taxes
Ghana Revenue Authority (GRA) has officially designated January 1, 2024, as the commencement date for the implementation of seven tax amendments recently passed by...