All MPs and Ministers will not be excluded from new taxes



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– Minister of Assessment Says New Taxes Cover All Members and Ministers

– Minister of Finance Imposed New Taxes on Luxury Vehicles and High Wages

– All these interventions are part of efforts to increase country revenue

The leading member of the government's economic management team, Dr. Anthony Akoto Osei, has revealed that new taxes on luxury cars would affect incumbents public offices, including parliamentarians and ministers.

Dr.Anthony Akoto Osei an interview with Joy FM, revealed that no MP, parliament or minister is exempt from these new taxes.

"These are Ghanaians, is not it? Almost all government workers who drive a four-wheeled vehicle.If you have a private four-wheeler [drive] you have to pay the price There is no problem with that. " He said:

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Based on the new tax on vehicles with 3.0 – 3.5 liters of fuel will attract an annual tax of 1000 GHS, those with a displacement of 3.6 to 4.0 liters will pay 1500 GHS per year, while 4.1 liters and over are at an annual fee of GHS2000.

This tax has been placed on luxury vehicles and what this means is that all vehicles with a cubic capacity of 3 liters and over will pay annually 3% [19659005] "The Government proposes to introduce a tax on luxury vehicles on vehicles of a cylindr of 3.0 liters and more. The tax will be paid at the first registration and then at the annual renewal. " he said.

In addition, all Ghanaians who earn a salary of 10,000 cedis and over will pay 35%.

Some claim that these new taxes on luxury vehicles as well as wages are a bad choice on the part of the government and a lazy approach on the part of the Minister of Finance in the search for revenue sources.Others also argue that this movement opens the door to more cases of money laundering. In the financial sector of the country.

ALSO READ: A 52-year-old woman arrested for contraband "wee" in "buta" [19659004] The levy, according to the government, will be paid at the first registration and then every year during renewal.

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Source: Yen.com.gh

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