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Page 7 - ஆற்றல் துறை மீட்பு வசூல் செய்தல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fuel Smuggling Can cater for New taxes -COPEC - The Chronicle Online

The Chamber of Petroleum Consumers (COPEC) has argued that the persistent revenue leakages in the petroleum sector, if blocked, could rake in enough revenue to cater for governments’ expectations. According to the outfit, the accumulative GH¢1.2 billion expected from the newly proposed 30 pesewas levy, which could be earned through blocking revenue leakages, was a burden on the consumer. The Executive Secretary for COPEC, Duncan Amoah, told The Chronicle in an exclusive interview over the weekend that though he acknowledged revenues were necessary to the governments for developmental projects and programmes, he described the new tax proposal as a ‘lazy way’ of raising revenue.

Gov t urged to support businesses with stimulus packages not taxes – Forensic Accountant

President Nana Addo Dankwa Akufo-Addo A forensic Chartered Accountant, Awuni Akyireba has criticized the government of the day for its decision to increase and introduce new taxes at the 2021 budget reading on Friday, March 12, 2021. He noted that Ghanaians and businesses are still suffering from the effects of COVID-19 and described it as unreasonable for these taxes to be introduced. According to him, the government should rather focus on supporting more businesses with COVID- 19 stimulus packages. “This support should be given to businesses who didn’t benefit from the initial stimulus package”. Speaking in an interview on the Epa Hoa Daben political show, with Happy98.9FM’s Don Kwabena Prah, Awuni Akyireba said, “If we want to stimulate a rapturous boost of the economy, then the government needs to give the citizens more stimulus packages and not taxes now”.

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