Audio By Carbonatix
The Deputy Finance Minister, Thomas Nyarko Ampem, has assured that the COVID-19 levy is expected to be abolished by the end of the year.
According to him, the tax would be considered alongside the Valued Added Tax (VAT) rationalisation process that President Mahama’s administration promised to repeal.
In an interview with Joy News, the Deputy Finance Minister said President Mahama's government is committed to abolishing all nuisance taxes. The Electronic Transaction Levy (E-levy) and the betting tax have already been scrapped.
Responding to a question whether more taxes will be abolished, Mr. Nyarko Ampem, said “at this time it would be difficult to make any promises but as the economy picks up, we wouldn’t mind to repeal taxes”.
“The COVID-19 levy will be considered alongside the VAT rationalisation process that we have been committed to do. So, when that process is done, I believe the COVID [levy] would also be removed. I’m looking at towards the end of the year if we are able to finish the rationalisation processes, we would be able to do that.”
He added that President Mahama means everything he said in the ruling National Democratic Congress's (NDC) manifesto.
“So, we are working towards the rationalisation of all these promises he made”.
In the 2025 Budget, the government promised to reform the VAT system by removing the COVID-19 Health Recovery Levy, treating health and education levies as VAT, and reducing eligible VAT-registerable traders.
Latest Stories
-
TVET institutions are not second fiddle – Mahama
32 minutes -
Tarkwa-Nsuaem teachers begin strike over alleged military assault
36 minutes -
Mustapha Ussif denies responsibility for African Games audit irregularities
55 minutes -
Newly recruited teachers threaten renewed protest over unpaid salary arrears
58 minutes -
Constituency official of the ruling party bars journalist from public event, issues threats
1 hour -
Police arrest 2 over Nsawam filling station robbery, hunt for accomplice
1 hour -
YIN, GSE, CSD and strategic partners launch National Youth Investment & Financial Literacy Programme
1 hour -
BoG appeals GN Savings and Loans judgement on license restoration
2 hours -
OMJ SoccerFest ’26 press launch and official draw massively attended in Aburi
2 hours -
Temporary power interruptions expected in Tema over GRIDCo maintenance
2 hours -
Young persons with disabilities demand seat at the table
2 hours -
Police arrest alleged robbery syndicate linked to attacks across five cities
2 hours -
First batch of Ghanaian health workers set for Jamaica deployment in June
2 hours -
Ghana Muslim Mission holds summit to promote ethical, digital content creation
2 hours -
Technical universities call for dedicated funding to drive Ghana’s industrial transformation
2 hours