Tag: Communication Service Tax (CST)
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‘Talk tax’ likely to be increased in 2021 budget – Tax analyst
Ahead of the 2021 budget presentation, Ghanaians should be open to the possibility of the introduction of new taxes or an increase in some existing taxes. That’s according to a tax analyst, Timore Francis Boi. Steps taken by government to deal with the impact of COVID-19 on businesses and individuals have seen government’s expenditure ballooning, pushing…
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CST inflows bolster GRA’s goal of exceeding GHC42.7bn target
The Ghana Revenue Authority’s goal of exceeding its revised 2020 target of GHS 42.7 billion Cedis as stated in the 2020 mid-year budget, is receiving a boost from higher than expected inflows from the Communication Service Tax (CST). This reduction in the Communications Service Tax from 9 % to 5 %, which took effect from…