- Kwesi Pratt Jnr criticizes government’s proposed 15% VAT on electricity for residential customers
- He calls it a practical joke and says the lifeline power offered by the government only benefits a small fraction of the population
- He believes the additional VAT on electricity consumption will burden low-income consumers and organized labor
- He finds the Ministry of Finance’s statement about stakeholder engagement annoying and believes it shows the government’s unwillingness to step down on the proposal
- He thinks the purpose of the stakeholder consultation is to get them to buy into the program, which he finds offensive.
Source: ghanaweb.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Ghana"
- Ghana’s 2025 Tax Reforms: VAT on Insurance, Fuel Levy Increases, Informal Sector Scheme Launch
- Ghana to Enforce Fiscal Electronic Device Act for VAT Compliance by Early 2026
- Ghana’s VAT Potential High, Faces Implementation Challenges, Says GRA Chief
- Ghana Reduces VAT to 20% in Major Tax Reform to Boost Compliance and Ease Business Burden
- Ghana’s 2025 VAT Reform: Key Changes, IMF Guidance, and Mid-Year Budget Highlights
