Tag: Introduction of new taxes
-
OMCs likely to implement tax-induced price adjustments from May 4 – COPEC
It appears most Oil marketing companies are yet to adjust upwards their prices of fuel in the national capital, Accra two days after the set implementation date for the newly introduced taxes. The government during the presentation of the 2021 Budget Reading introduced some taxes including the Energy Sector Recovery Levy of 20 pesewas per…
-
Ken Ofori-Atta justifies proposed new taxes
The Finance Minister-designate, Ken Ofori-Atta, has justified the proposed new taxes in the 2021 budget. Osei Kyei-Mensah-Bonsu, the caretaker Finance Minister, while delivering this year’s budget statement announced moves to impose taxes on fuel, i.e. 10 pesewas per litre for diesel and petrol as Sanitation and Pollution Levy (SPL) and 20 pesewas per litre of…