Tag: Property Rates
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Kpone- Katamanso Assembly cuts property rate by 50%
The Kpone- Katamanso Municipal Assembly in the Greater Accra Region has reduced its property rate by 50 per cent. The move was triggered by the frequent appeals by residents for a reduction in the cost of the rate. Speaking to the Ghana News Agency, Mr. Noble Atsu Ahadzie, KKMA Budget Analyst, noted that most residents…
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Gov’t to review property rates, rent taxes
Property rates and rent taxes will soon be reviewed to reflect their current economic value, Dr Larbi Siaw, Tax Policy Advisor at the Ministry of Finance and Economic Planning has said. Property income taxation has long been seen as an area largely neglected by the country’s tax authorities. Its share of GDP in Ghana is…