We will abolish the tax on luxury vehicles – Mahama | Economy

Former President John Mahama said his government would eliminate the luxury vehicle tax introduced by the Akufo-Addo government when it won the 2020 elections.

Describing the tax as ill-conceived, he said his introduction had overloaded the ordinary commercial driver whose vehicle owns the white registration plate.

He argued that the amount of revenue generated to date is not even sufficient for the tax to be maintained.

Addressing some drivers during his road safety tour in Accra on Thursday, Mahama urged them to exercise restraint because the NDC will not hesitate to abolish this policy.

"It is not so long ago, the government introduced the tax on luxury vehicles. This tax was not well thought out before its deployment. They should have exempted all commercial vehicles. There are commercial vehicles without yellow plates, but rather white plates that carry commercial goods. When they exceed three liters, they must pay this luxury tax. This has resulted in untold hardship for some drivers, especially those who work for businesses and others. "

"Recently, I heard that the government could only raise 25 million GHC from the luxury tax, if that were the case it should then abolish it. If they do not do it, the NDC government will abolish it when we come to power, "he added.