Ghana Politics Online
Sunday, August 24, 2025
  • Home
    • All
    • Business
    • Media
    • Showbiz
    • Sports
    • Technology
    • World News
    Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

    Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

    Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

    Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

    NYA Kicks Off 2025 National Youth Festival with Islamic Dialogue at National Mosque

    NYA Kicks Off 2025 National Youth Festival with Islamic Dialogue at National Mosque

    President John Mahama Leads Ghana’s Cocoa Donation to Palestine Amid Gaza Crisis

    President John Mahama Leads Ghana’s Cocoa Donation to Palestine Amid Gaza Crisis

    Attorney General drops charges against UniBank founder Dr Duffuor & 7 others

    Criminal Case Against uniBank Shareholders Struck Out

    PRINPAG Presidential Hopeful David Tamakloe Donates Printer to Association Secretariat

    PRINPAG Presidential Hopeful David Tamakloe Donates Printer to Association Secretariat

  • Politics
    • All
    • CPP News
    • NDC News
    • NPP News
    NPP expands electoral college for presidential primary

    NPP wrestle evil, disunity & indiscipline at Legon

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Kojo Oppong Nkrumah Turns Watchdog After Backing Controversial $360m Loan Deal

    NPP Leaders Are More Motivated By Money than Service – Kojo Oppong Nkrumah

    NPP expands electoral college for presidential primary

    NPP Delegates approve 54 motions — Full List

    NPP Council in Breach: The constitution they vowed to uphold, they now undermine

    NPP confirms July 19 national delegates conference despite calls for postponement

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Thugs disrupt seventh attempt of recollation of Ablekuma North election results

    NPP’s Legal Tactics Fail, Yet Party Refuses to Contest Rerun

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Akwatia MP Ernest Kumi Reported Dead

    NPP mourns sudden death of Akwatia MP Ernest Kumi

    • NDC News
    • NPP News
    • CPP News
  • General News
    • Africa News
    • Science
    • Technology
    • World News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health
No Result
View All Result
  • Home
    • All
    • Business
    • Media
    • Showbiz
    • Sports
    • Technology
    • World News
    Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

    Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

    Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

    Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

    NYA Kicks Off 2025 National Youth Festival with Islamic Dialogue at National Mosque

    NYA Kicks Off 2025 National Youth Festival with Islamic Dialogue at National Mosque

    President John Mahama Leads Ghana’s Cocoa Donation to Palestine Amid Gaza Crisis

    President John Mahama Leads Ghana’s Cocoa Donation to Palestine Amid Gaza Crisis

    Attorney General drops charges against UniBank founder Dr Duffuor & 7 others

    Criminal Case Against uniBank Shareholders Struck Out

    PRINPAG Presidential Hopeful David Tamakloe Donates Printer to Association Secretariat

    PRINPAG Presidential Hopeful David Tamakloe Donates Printer to Association Secretariat

  • Politics
    • All
    • CPP News
    • NDC News
    • NPP News
    NPP expands electoral college for presidential primary

    NPP wrestle evil, disunity & indiscipline at Legon

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Bawumia drowns Kennedy Agyapong, others at NPP Conference

    Kojo Oppong Nkrumah Turns Watchdog After Backing Controversial $360m Loan Deal

    NPP Leaders Are More Motivated By Money than Service – Kojo Oppong Nkrumah

    NPP expands electoral college for presidential primary

    NPP Delegates approve 54 motions — Full List

    NPP Council in Breach: The constitution they vowed to uphold, they now undermine

    NPP confirms July 19 national delegates conference despite calls for postponement

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Ablekuma North rerun: NPP campaigns despite initial boycott

    Thugs disrupt seventh attempt of recollation of Ablekuma North election results

    NPP’s Legal Tactics Fail, Yet Party Refuses to Contest Rerun

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Bawumia, NPP gurus commiserate with Ernest Kumi’s family

    Akwatia MP Ernest Kumi Reported Dead

    NPP mourns sudden death of Akwatia MP Ernest Kumi

    • NDC News
    • NPP News
    • CPP News
  • General News
    • Africa News
    • Science
    • Technology
    • World News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health
No Result
View All Result
Ghana Politics Online
No Result
View All Result
  • Home
  • Politics
  • General News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health
Home General News

Government announces removal of 5 nuisance taxes in 2025 budget

GhanaPoliticsOnline.com by GhanaPoliticsOnline.com
March 11, 2025
in General News
0
0
SHARES
134
VIEWS
Share on FacebookShare on Twitter

Finance Minister, Dr. Cassiel Ato Forson, has announced the removal of five nuisance taxes as part of government’s revenue measures under the 2025 Budget, presented to Parliament.

According to Dr. Forson, this move is in line with government’s manifesto promise and efforts to reduce the financial burden on citizens and businesses.

Outlined in Parliament on Tuesday, March 11, 2025, the Minister stated that although government remains committed to increasing non-oil tax revenue by 0.6 percentage points of GDP under the IMF-supported programme, these taxes will be scrapped to improve disposable incomes, support business growth, and enhance tax compliance.

The five nuisance taxes to be removed are:

Dr. Forson emphasized that eliminating these taxes will help ease pressure on households and stimulate economic activity.

 

Additionally, the Finance Minister addressed concerns over the misuse of the Tax Refund Account. He revealed that over the past eight years, GHS16.6 billion, representing 57% of funds in the account, was misapplied, violating the Revenue Administration Act, 2016 (Act 915), and the Public Financial Management Act, 2016 (Act 921).

To address this, government is reducing the tax refund ceiling from 6% to 4% of Total Revenue, as stipulated under Section 69 of the Revenue Administration Act.

RECOMMENDED :  Akwatia MP Ernest Kumi Reported Dead
Previous Post

Full Text: Finance Minister Ato Forson Presents 2025 Budget

Next Post

We never implemented betting tax, VAT on motor insurance – Minority

GhanaPoliticsOnline.com

GhanaPoliticsOnline.com

Next Post
We never implemented betting tax, VAT on motor insurance – Minority

We never implemented betting tax, VAT on motor insurance – Minority

FROM - OTHER CATEGORIES

SUGGESTED - ARTICLES

Ghana to Honour Nkrumah with Annual Journey to Nkroful—Minister for Tourism Hon. Dzifa Gomashie

Ghana to Honour Nkrumah with Annual Journey to Nkroful—Minister for Tourism Hon. Dzifa Gomashie

August 3, 2025
Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

August 3, 2025
Fuel Prices, Reserves, and the Cedi: Kwesi Pratt Defends John Mahama-Era Policies

Fuel Prices, Reserves, and the Cedi: Kwesi Pratt Defends John Mahama-Era Policies

August 3, 2025
Ghana Police Clarify Robbery Operation Linked to NPP Chairman’s Property Was Not a Raid

Ghana Police Clarify Robbery Operation Linked to NPP Chairman’s Property Was Not a Raid

August 3, 2025
Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

August 2, 2025
ADVERTISEMENT

BROWSE - ARCHIVES

  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • October 2023
  • July 2023
  • February 2022
  • October 2015

Latest Trending News

Ghana to Honour Nkrumah with Annual Journey to Nkroful—Minister for Tourism Hon. Dzifa Gomashie

Ghana to Honour Nkrumah with Annual Journey to Nkroful—Minister for Tourism Hon. Dzifa Gomashie

by GhanaPoliticsOnline.com
August 3, 2025
0

Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

by GhanaPoliticsOnline.com
August 3, 2025
0

Fuel Prices, Reserves, and the Cedi: Kwesi Pratt Defends John Mahama-Era Policies

Fuel Prices, Reserves, and the Cedi: Kwesi Pratt Defends John Mahama-Era Policies

by GhanaPoliticsOnline.com
August 3, 2025
0

Featured News

  • All
  • Featured

Ghana to Honour Nkrumah with Annual Journey to Nkroful—Minister for Tourism Hon. Dzifa Gomashie

Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

Fuel Prices, Reserves, and the Cedi: Kwesi Pratt Defends John Mahama-Era Policies

Ghana Police Clarify Robbery Operation Linked to NPP Chairman’s Property Was Not a Raid

Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

NYA Kicks Off 2025 National Youth Festival with Islamic Dialogue at National Mosque

President John Mahama Leads Ghana’s Cocoa Donation to Palestine Amid Gaza Crisis

SHOWBIZ & POLITICS

  • All
  • Showbiz
  • Politics

Ghana to Honour Nkrumah with Annual Journey to Nkroful—Minister for Tourism Hon. Dzifa Gomashie

Mahama Commended by Volta Chiefs for Early Engagement, Regional Appointments, and Stabilizing Economy

Fuel Prices, Reserves, and the Cedi: Kwesi Pratt Defends John Mahama-Era Policies

Ghana Police Clarify Robbery Operation Linked to NPP Chairman’s Property Was Not a Raid

Ghanaians Lose Over GH¢73,000 to Mobile Data Scams — CSA Warns Public

NYA Kicks Off 2025 National Youth Festival with Islamic Dialogue at National Mosque

  • BBC News
  • CNN News
  • DW TV

Ghana Politics Online – © Copyright 2024, All Rights Reserved.

No Result
View All Result
  • Home
  • Politics
    • NDC News
    • NPP News
    • CPP News
  • General News
    • Africa News
    • Science
    • Technology
    • World News
  • Sports
  • Showbiz
  • Business
  • Opinions
  • Lifestyle
  • Media
  • Health

Ghana Politics Online – © Copyright 2024, All Rights Reserved.