Kyerematen: 2 percent special import levy tax rip-off
The leader and founder of the Movement for Change, an independent presidential candidate for the December 7, 2024, elections, has expressed concern over the escalating taxes at the port of entry, particularly highlighting the two percent Special Import Levy imposed on importers.
According to him, the imposition of this levy is unjustifiable and constitutes a burden on importers.
He emphasised his commitment to abolishing such taxes if elected, stating that they serve no meaningful purpose and only add to the financial strain on businesses.
Furthermore, Mr Kyerematen pledged to eliminate other taxes, including those related to Covid-19 and Ministry of Health disinfection, in order to provide relief to importers.
He criticised the imposition of these indirect taxes by the government, suggesting that they prioritise revenue generation over the welfare of citizens.
During an interview on Accra-based Adom TV, he expressed his dismay over the current tax calculation system in the country, describing it as flawed and in need of reform.
He highlighted the importance of a fair and transparent taxation system that benefits both businesses and citizens alike.
Source: Classfmonline.com/Cecil Mensah
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