Ramadan Condemns Killer Taxes In 2021 Budget


Mohammed Adamu Ramadan 

The honourable Member of Parliament for the Adentan Constituency has vehemently condemned the 2021 budget statement describing the tax element in it as "unbelievable" in a Facebook post which has been sighted by Adenta News. 

The Facebook post reads:

"Nana Akufo Addo promised to move our economy from taxation to production. Don't be deceived. In the end it's all about: taxes! taxes! and taxes! See a list of new taxes and increment on some existing ones. Unbelievable! 

1. Covid-19 Health Levy (10 pesewas) to be charged on National Health Insurance Levy. Meaning VAT will increase by 1%. 

2. Sanitation and Pollution Levy (10 pesewas) to be charged on the price per litre of petrol/diesel under the Energy Sector Levies Act (ESLA).

3. Energy Sector Recovery Levy of 20 pesewas on price per litre of petrol/diesel under ESLA.  

A combination of the increases in the petroleum levies will result in 5.7% increase in fuel at the pump. 

4. Financial Sector Cleanup Tax of 5% to be charged on banks 

5. Road tolls to be reviewed upwards 
#Budget2021"

Story by: Paramza Kofi Hamza Maiga 



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