Tag: Growth and Sustainability Levy
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Withdrawal of growth and sustainability levy in 2025 unlikely – Tax analyst
Tax Analyst, Francis Timore Boi has indicated that government is unlikely to withdraw the Growth and Sustainability Levy after 2025 as promised. Parliament on March 31 passed the three tax bills including the Growth and Sustainability Levy. President Akufo- Addo has since assented the bills into law. Many in the business community including the Ghana…
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Growth and Sustainability Levy will stifle growth of local oil service companies – Upstream Petroleum Chamber
The proposed Growth and Sustainability Levy has the possibility to collapse indigenous oil service companies as well as trigger disinvestment by International Oil Companies if approved, the Ghana Upstream Petroleum Chamber, has cautioned. The Chamber explains that the levy which comes as an additional tax has the propensity to stifle the growth of local oil…