Read Also >>> AKUFO-ADDO-BAWUMIA LED GOV’T INTRODUCED OVER 50 NEW TAXES SINCE 2017 – ATO FORSON
- 3% VAT flat rate
- 5% increase in VAT
- Make GETFUND & NHIL levies, taxes
- 25% increase in corporate tax
- 2% Special Import Levy
- 1% COVID levy + 3% VAT = 4%
- 1% COVID levy on 2.5% NHIL levy
- 5% Fiscal Stabilisation Levy
- 5% Financial Sector cleanup (collapse banks) recovery levy
- 1% E-Levy
- 20p levy on a litre of petrol/diesel
- 10p Sanitation (Borla) Levy on a litre of petrol/diesel
- 18p levy on LPG
- 2.5% increase in VAT
- Luxury vehicle tax
- 50% increase in Call Tax
- 30% increase in the Energy Sector Levy (ESLA)
- 11% increase in Special Petroleum Tax
- 200% increase in BOST margin
- 40% increase in Price Stabilization & Recovery levy
- 25% increase in Primary Distribution margin
- 36% increase in Unified Petroleum Price Fund
- Road Fund increase
- 10% withholding tax on betting, lottery, etc
- 20% increase in tax on betting companies
- 35% increase in Income Tax
- 3% & 10% withholding tax on assets & liabilities
- 25% increase on tax on gifts & gains
- Profit before tax levy on companies
- 5% tax on companies declaring losses
- Tax on motor vehicle benefits
- 1.75% tax on bank transfers
- 1.75% tax on remittances (borgo tax)
- 15% increase in govt fees
- 35% increase in corporate tax on mining companies
- 22% corporate tax on hotels
- Excise duty for owning a car, motorbike, etc
- 1% stamp tax
- 35% payroll tax (PAYE)
- Customs & Excise duty on sachet water, bottled water, malt drinks, beers, wines, spirits, cigars, plastic products, textiles, etc.
Read Also >>>> TAXES IMPOSED BY THE NPP GOVERNMENT SINCE 2017