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

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 proje...

Ghanaians must pay 'borla tax' to achieve govt's 'Accra cleanest city in Africa' promise - Oppong-Nkrumah - Vimarsana News

Ghanaians must pay 'borla tax' to achieve govt's 'Accra cleanest city in Africa' promise - Oppong-Nkrumah

Speaking on the floor of the House on the 2021 budget and economic policy, he said "every Ghanaian has to chip in a little so that we'll recover and fulfill our objective." "The government has introduced the pollution and sanitation levy and a 5% profit before tax and the financial service recovery programme," he added. The caretaker Finance Minister, Osei Kyei Mensah Bonsu reading the budget on Friday, March 12, 2021, said a Sanitation and Pollution Levy (SPL) of 10 pesewas will be introduced and incorporated into the proposed fuel levy under the Energy Sector Levies Act (ESLA). According to...

COPEC kicks against new taxes on petroleum products - Vimarsana News

COPEC kicks against new taxes on petroleum products

The Chamber of Petroleum Consumers (COPEC) has urged Parliament to kick against government 39;s plans to introduce Sanitation and Pollution Levy, which will charge 10 pesewas per litre of petrol/diesel.

Poor people will suffer most from Akufo-Addo's newly-proposed taxes – Joe Jackson - Vimarsana News

Poor people will suffer most from Akufo-Addo's newly-proposed taxes – Joe Jackson

Economist Joe Jackson is concerned that Ghanaians at the lower level of the economic ladder will be worst hit by government rsquo;s proposed new taxes and levies.

Gov't urged to support businesses with stimulus packages not taxes – Forensic Accountant - Vimarsana News

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 sti...