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New levies, taxes take effect May |Business Day Ghana

The new taxes introduced by the government in the 2021 budget are to come into effect in May this year, the Ghana Revenue Authority has announced.
Presenting the budget on behalf of Finance Minister Ken Ofori-Atta, Majority Leader Osei Kyei-Mensah-Bonsu, on Friday, 12 March 2021, told Parliament that the government was introducing a 10p sanitation and pollution levy; and 20p excess power capacity levy, both on the Energy Sector Levy Act (ESLA), with the combined effect being an increase in the ex-pump price of fuel by 5.7 per cent.
Additionally, the government introduced a 1 per cent COVID-19 levy on VAT, Flat Rate Scheme; 5 per cent financial clean-up levy on banks’ profit-before-tax and also considered adjusting road tolls to align with current trends. ....

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COVID-19 levy, new taxes on fuel to take effect on May 1

COVID-19 levy, new taxes on fuel to take effect on May 1
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