Nkonkonsa Celebrity Gossip From Africa
An economist and lecturer, Professor Stephen Adei demands a review of Ghana’s tax system.
In his view, there are too many taxes in Ghana.
Speaking on the Hot Issues on TV3 on Sunday, December 22, the former Rector of the Ghana Institute of Management and Public Administration (GIMPA) said “There should be a total tax review. There are too many taxes. For example, I imported something and I saw about 21 taxes on our car import, that is ridiculous.
So we need a total look at the taxes but in looking at it, look at ones which are easier to collect, which is more widespread so that the tax base will be very narrow.
“There are only about one million income taxpayers in Ghana out of 33 million people of which half are adults. That is why the e-levy, if it can be reduced, should be kept, then you must go for property taxes because you cannot put your house in your pocket.
You must cut funding for local government, for example in Accra they should be able to collect property rates. ”
Professor Stephen Adei additionally advised the incoming Mahama administration to uphold the e-levy.
He asserted that introducing or keeping taxes that are simple to collect in Ghana is crucial. He mentioned that the e-levy is among the taxes that are simple to collect in Ghana, thus urging its retention.
NKONKONSA.com
