Tag: CST
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MTN modifies tariffs to reflect reduction in CST, gives 5% bonus on all recharges
MTN Ghana has announced an adjustment to its tariffs following the passage of the Communication Services Tax, CST, (amendment) Act 2020 (Act 1025) also known as ‘Talk Tax’, to reflect the reduction in the CST. This follows government’s announcement of a reduction in the CST, from nine percent to five percent as part of efforts…
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Telecoms chamber urges businesses to use CST reduction to enhance efficiency
Chief Executive Officer of the Ghana Chamber of Telecommunications, Kenneth Ashigbey, has stated that businesses can take advantage of the implementation of the reduced Communication Service Tax, CST, to cut down cost and be more efficient. Government in the Mid-year budget review announced a reduction in the tax from 9% to 5% as part of…
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Government to reduce taxes on digital devices and spectrum costs – Bawumia
Government has announced that as part of efforts to inspire digital transformation it will reduce the high cost of data in the country, if the New Patriotic Party is re-elected into power in December. According to them, this will be done through the reduction of taxes on digital devices, reduction of spectrum and license costs,…
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Telcos to publish new cost of data after ending upfront CST deduction
Telecommunication Companies are to publish a new cost of tariff, following the implementation of the Communications Service Tax. The 9% Communication Service Tax which was earlier charged upfront after an increase from 6 to 9 percent in the mid-year budget, is now being charged as consumers use their airtime or data. The Ghana Chamber of…
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Telcos to stop upfront deduction of 9% CST tax from November 26
Telecommunication companies in the country will from Tuesday, November 26, 2019, stop the upfront deduction of the Communication Service Tax (CST), the Ghana Chamber of Telecommunications has announced. In a statement, the Chamber said it will complete the reconfiguration of its systems to accommodate the commercial and technical requirements for the cessation of the deduction…
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Finance Ministry insists telcos must backdate CST implementation
The Ghana Chamber of Telecommunications has disclosed that it is in discussions with the Ghana Revenue Authority (GRA) and the Finance Ministry to maintain 1st October as the date for implementation of the Communication Service Tax. This follows calls from the GRA for the chamber to calculate the implementation of the tax from the 4th…