Tag Archives: TAXES

Renowned Johns Hopkins University economist, Professor Steve Hanke, has again questioned the Akufo-Addo-led administration’s intention to enter an economic programme with the International Monetary Fund (IMF). In a post shared on Twitter, he blamed government for imposing more hardships on Ghanaians by introducing more taxes in a move to salvage the economy. …

  A post shared on social media in which a user paid numerous taxes to the tune of GH¢7,400 on an imported MacBook Pro laptop left many users dumbfounded. This came to light after the tax invoice covering the laptop was shared on Twitter. COVID-19 Recovery Levy, Ghana Education Trust …

President Akufo-Addo says government cannot remove taxes on petroleum products. According to the President, a large volume of the taxes on petroleum products are used to pay salaries of some public sector workers. “Removing taxes on petroleum products will reduce Government revenues by some four billion cedis (GH¢4 billion). At …

The Founder of Royal House Chapel, Rev. Sam Korankye Ankrah has urged government to cut down its national expenditure to motivate the citizenry to gladly pay taxes. According to him, leaders must be seen punishing themselves a little by doing away with extravagant lifestyles. He said if Ghanaians know that …

The Minister of Roads and Highways, Kwasi Amoako-Attah, has said Ghanaians should be prepared to pay more taxes if they want good roads and development. According to him, if everybody pays their taxes, there will be more money for government to undertake these projects, hence the need for Ghanaians for …

The Attorney General and Minister for Justice, Godfred Yeboah Dame has resolved to go after tax offenders. He says government’s efforts at widening the tax net and consequently prosecuting its development agenda are being frustrated by some big oil companies in the country. “This year, the Finance Minister and I …

Otumfuo Osei Tutu II has urged Ghanaians to pay their taxes He said, it is the only way govt can use for development He made this known at the launch of the commemorative gold coin Otumfuo Osei Tutu II, the Asantehene, has urged Ghanaians to pay their taxes because that …

The Bishop of the Sekondi Diocese of the Methodist Church of Ghana Rt Reverend Daniel De-Graft Brace has hit out at President Akufo-Addo and his government for overburdening Ghanaians with excessive taxes. Rt De-Graft Brace made the comments at the just-ended 60th annual ‘Synod of the church’ at Dixcove in …

Africa Confidential, a Pan-African news magazine, claims Ghanaian MPs granted tax holidays and other investment incentives worth US$832 million to Meridian Port Services (MPS) without knowing the contract. The incentives covered a period of 10 years. According to the report sighted by GhanaWeb, in March 2016, the Mahama administration asked …

Finance Minister-designate, Ken Ofori-Atta has justified the 1 percent COVID-19 levy introduced in the 2021 budget statement following the agitation over the new tax. Ofori-Atta believes this will among other things prop-up the health system against the pandemic and also support the payment of COVID-19 vaccines imported into the country. …