Financial Analyst
The decision by the Akufo-Addo-led government to scrap some taxes and reduce some is apt, Bernard Owusu-Mensah, a Financial Analyst, has said. According to him, some of these taxes should have been...
Tag: Value-added tax
Budget Has Frightened NDC
Minority Members in Parliament have been hit with excessive fear following the bold decisions that have been taken by the Akufo-Addo-led government in the maiden budget statement, Dr Anthony...
IMANI’s Quick Picks From 2017 Budget
The general feeling is that the Minister passed his first test given the replication of major campaign promises in the budget. The structure of the budget itself didn’t change much from the...
IMANI’s Quick Picks From Ghana’s Post 2016 Election Budget
Yesterday, Ghana’s Finance Minister, Mr. Ken Ofori- Atta presented his maiden budget to Parliament. The minister christened his budget ‘’ Asempa Budget’’ in the Twi language, loosely...
Government Moves To Make Corruption A Felony
Finance Minister, Ken Ofori-Atta, has said as part of the government’s commitment to fighting corruption, the criminal code will be amended to move corruption offenses from a misdemeanor to a...
‘Kaya Tax’ Nonexistent
The decision by the Akufo-Addo-led government to scrap market tolls imposed on itinerant head porters (Kayayei), as announced by Minister of Finance Ken Ofori-Atta in the government’s first budget...
Tax Cuts Will Boost Local Businesses
New Patriotic Party (NPP) Member of Parliament for Obuasi West Constituency, Kwaku Kwarteng, says the government’s aim of abolition and reducing some taxes is to help businesses expand and...
Key Highlights of 2017 Budget
MACROECONOMIC PERFORMANCE FOR 2016 Overall real GDP 3.6% End-period inflation 15.4% Overall budget deficit on cash basis – 8.7% of GDP, on commitment basis, 10.3% Gross Foreign Reserve (Import...
Akufo-Addo’s Tax Cuts Deceptive, Populist – Ato Forson
A former Deputy Finance Minister has cautioned Ghanaians to brace up for difficult times because of challenges he envisages government's decision to scrap some taxes might pose for the economy....
Stimulus Package In 2017 Budget Juicy
The head of the Economics Department of the University of Ghana has described as juicy the stimulus package announced by the Finance Minister in the 2017 Budget statement. Peter Quartey told Joy News...
Tetteh Chaie Lauds Government For Abolishing Tax On Spare Parts
Former NDC MP for Ablekuma Central had lauded government on its plans to remove import duties on automobile spare parts to help reduce prices of vehicle spare parts in the country. According to...
Importers Laud President Akufo-Addo
Importers in Ghana have welcomed the decision by the Akufo-Addo-led government to scrap the 1% special import levy as a way of growing businesses in Ghana. During the reading of the budget statement,...
Abolishing Spare Parts Tax Will Encourage Smuggling – Seth Terkper
Former Finance Minister, Seth Terkper is warning of dire repercussions on Ghana’s economy given the reduction of taxes by the Akufo-Add led government. According to him, the reduction will only...
List of Taxes Abolished and Reviewed By Government
The business community in Ghana will heave a sigh of relief following government’s announcement of key taxes it has abolished, while others have been reviewed. The cancellation of the taxes, most...
‘Kaya Tax’ Does Not Exist
The decision by the Akufo-Addo-led government to scrap market tolls imposed on itinerant head porters (Kayayei) as announced by Minister of Finance Ken Ofori-Atta in the government’s first budget...
Government Scraps ‘Kayayei Tax’
The Akufo-Addo government has resolved to scrap market tolls paid by itinerant head porters (Kayayei), Finance Minister Ken Ofori-Atta has announced to parliament in the new administration’s first...
List of Taxes Abolished and Reviewed By Gov’t
The business community in Ghana will heave a sigh of relief following government’s announcement of key taxes it has abolished, while others have been reviewed. The cancellation of the taxes, most...
Ken Ofori-Atta Presents 2017 Budget
Finance Minister, Ken Ofori-Atta today presented the 2017 Budget and economic statement to the house of parliament. The presentation of the first ever budget delivered under the Akufo-addo’s led...
Import Duties On Auto Spare Parts To Be Abolished
The government plans to remove import duties on automobile spare parts to help reduce prices of vehicle spare parts in the country, the Finance Minister, Mr Ken Ofori-Atta has said. This, however...
Minority Brands 2017 Budget ‘419’
The minority in parliament has described the 2017 budget as '419 budget' The Minority in parliament has described the maiden financial statement of the Akufo-Addo-led government as a “419...