Tag Archives: luxury vehicle tax

Coronavirus: Bring back luxury vehicles tax to address revenue shortfalls – Expert

A tax expert and the Fiscal Policy Lead at Oxfam Ghana, Dr. Alex Ampaabeng is calling on the Akufo-Addo-led government to re-introduce the Luxury Vehicles Tax which was abolished in 2019 few months after its introduction amidst criticisms. Ghana’s overall fiscal deficit for the year 2020 is expected to increase …

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Parliament approves scrapping of luxury vehicle tax

Parliament has passed the Luxury Vehicle Levy (Repeal) Bill to scrap the taxes on luxury vehicles introduced by government last year. The government, through the Finance Minister in July, during the 2019 mid-year budget review, announced the decision to scrap the tax imposed on the use of luxury vehicles. “Government …

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