Audio By Carbonatix
The Ghana Chamber of Young Entrepreneurs has called for the scrapping of e-commerce tax.
The Chief Executive of the chamber, Sherif Ghali, explained that the tax hinders the growth of micro-small businesses which operate online and leverage social media platforms such as Meta and other e-commerce sites to advertise their products and services.
He made the call while ahead of the 2025 Budget presentation on Tuesday, March 11, 2025.
“I'm looking forward to seeing the removal of some taxes, like the e-commerce tax. I'm looking forward to that because a huge number of my young entrepreneurs do their business online. Renting an office space in Accra, in fact, the whole of Ghana is expensive.”
He added that the e-commerce tax serves as a disincentive to Ghana’s drive to digitalization.
“The cost in renting, furnishing, employing in-office staff and associated administrative costs is becoming expensive. Meanwhile we are asking people to digitalize their business.”
“So I should be able to be in the house and still be able to do my business but here's the case you are in your house, you go to Instagram to place and ad and you are taxed for that. That is not fair” he opined.
Similarly, a pre-budget survey by auditing and accounting firm, KPMG, also recommended for a review of taxes in the digital and e-commerce sectors.
It continued that the country will lose about GH¢6.4 billion in revenue if the government cancels the Covid -19 and the E-levy taxes in the 2025 Budget.
The survey, however suggested that government leverage technology to enhance the collection of taxes, notably property rates.
Meanwhile, the Minister for Finance, Dr. Cassiel Ato Forson on his X account disclosed that government will roll out measures aimed at rationalizing the current tax structure in the country, targeting the Value Added Tax.
Dr. Forson also noted that there will be the introduction of new programmess expected to improve tax compliance.
Latest Stories
-
Ghana needs clear policy to tackle galamsey, our past methods fell short – Kyei-Mensah-Bonsu
5 minutes -
Mahama pushes urgent rollout of Pan-African payment system at AU Summit
9 minutes -
AGA Obuasi Mine and partners inspire girls at Asare Bediako SHS to pursue careers in STEM
11 minutes -
Ashanti Regional Minister inaugurates Spatial Planning Committees, unveils plan to restore Kumasi’s green glory
20 minutes -
AI-driven technology set to boost farmers’ productivity and cut seed losses in Ghana
21 minutes -
Early polls are misleading – Kyei-Mensah-Bonsu on Ghana’s 2028 elections
26 minutes -
Black Princesses arrive in Ghana after victory over South Africa
28 minutes -
NPP primaries: Gideon Boako reconciles opposing camps in Tano North
34 minutes -
‘We will prepare ourselves to outweigh Uganda’ – Black Princesses coach Charles Sampson
36 minutes -
Dr Bawumia can bounce back to win Ghana’s 2028 presidency – Kyei-Mensah-Bonsu
52 minutes -
ECG schedules outages on Tuesdays for Ahodwo-Santasi transmission lines relocation
54 minutes -
Female Israeli soldiers rescued after being chased by ultra-Orthodox men
54 minutes -
GCB Bank PLC prepares to launch non-interest banking window following high-level talks with IIFM
58 minutes -
GPL 2025/26: Kotoko title hopes dented after Hearts of Oak loss – Interim coach
1 hour -
Ghana Tree Crops Investment Summit 2026 to convene global stakeholders, targeting US$500m in sector investment
1 hour
