Covid era is over, remove the nuisance Covid levy now – GUTA

Spread the love

According to the Ghana Union of Traders Association (GUTA), the Covid-19 levy should be eliminated rather than the government’s e-levy.

Despite the pandemic being gone, President Nana Akufo-Addo urged with Ghanaians to continue paying the Covid-19 levy.

The president stated in his final Covid report on Sunday, May 28, 2023: “The COVID Health Recovery Levy that was introduced to help fill some of the expenditure holes might not be the most popular tax, but I entreat all of you to bear with us.”

Dr. Joseph Obeng, the president of GUTA, responded to this in a correction notice, stressing that the group is not against taxes, including the e-levy “The e-levy, as it is structured now, is OK, and will help expand the tax net but the Covid levy is what needs to be taken out of the table to help lessen the burden of businesses.”

According to the GUTA president, the Covid levy is deemed as a nuisance tax now that the Covid era is over.

The covid levy was imposed by the government on imports, exports, and the provision of goods and services in order to generate revenue for Covid-19 expenditures and related expenses.

According to financial information made public by the Ministry of Finance on April 22, 2022, the levy accrued GH773.93 million in the first eight months after going into effect.

It fell short of the budget goal of GH889.07 million by 12.7%.

More than GH2.8 billion was spent on Covid-19 and related issues in 2021.

Source: Ghanatodayonline.com

About admin

Check Also

Ghana reaches agreement with bilateral creditors over debt restructuring

Spread the love Ghana has obtained a Memorandum of Understanding (MoU) regarding the restructuring of …

Leave a Reply

Your email address will not be published. Required fields are marked *