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GUTA displeased with Akufo-Addo’s assent of 3 new taxes

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GUTA displeased with Akufo-Addo’s assent of 3 new taxes

by Newsroom
19 April 2023
in Politics
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GUTA displeased with Akufo-Addo’s assent of 3 new taxes
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The Ghana Union of Traders Association (GUTA) has expressed its displeasure at President Nana Akufo-Addo for assenting into law the three new taxes passed by Parliament in March 2023.

The President of the union, Mr. Joseph Obeng, says goverment failed to consult or engage them on the concerns it raised about the taxes when it petitioned the presidency and parliament. 

“We were not consulted. It’s very unfortunate the business community will be directly affected and it’s very unfair. It doesn’t augur well for the democracy we are practising here and that we are practising democracy of imposition. We petitioned the President and Parliament and none of them replied,” he said.

Information Minister, Kojo Oppong Nkrumah on Monday confirmed that the president has assented into law the three new taxes.

Parliament on Friday, March 31, passed the Excise Duty Amendment Bill 2022, the Growth and Sustainability Levy Bill, 2022, the Ghana Revenue Authority Bill 2022 and the Income Tax Amendment Bill 2022.

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