Audio By Carbonatix
The Tema District Council of Labour (TFCL) has appealed to the government to devise workable strategies to expand the tax net.
This, the Council's said, would help rope in self-styled businessmen and women as well as other tax defaulters.
This was contained in a resolution passed by members of the Council at their general meeting and signed by Mr Wilson Agana and Mr Ebenezer Kodwo Taylor, Chairman and Secretary respectively.
The TDCL suggested that the tax threshold on salaries must go with the annual budget and must be reviewed to take effect every January.
The Council urged the Tripartite Committee to re-convene to review the tax threshold on incomes and salaries.
The TDCL's resolve stemmed from some observations that the new tax threshold, which only covered the minimum wage, was woefully inadequate as its effect on the incomes of the working class was insignificant.
It further said the tax bands were too close, thus rendering any upward adjustments of the tax threshold ineffective.
The Council said the government had over the years failed and shirked its responsibility to expand the tax net to cover the business community in the informal sector who earned far higher incomes than workers in the formal sector.
He said incomes of workers in the formal sector were overburdened with taxes, that is, first through the direct tax system, and additionally, indirectly through the numerous bills, commodities, goods and services consumed by workers.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Hawa Koomson pledges experienced and mature leadership of NPP women’s wing
15 minutes -
Young woman found dead at Kasoa Peace Town
47 minutes -
Playback: The Law examined lawful arrest in Ghana
1 hour -
Mahama urges African governments to treat healthcare as an investment, not budget cost
2 hours -
Bawumia congratulates John Boadu and new NPP executives, pledges support ahead of 2028
2 hours -
‘No talent should be left out’ – Bawumia pledges inclusive NPP campaign for 2028
2 hours -
Prof. Mike Oquaye recounts how he blocked Special Prosecutor’s attempt to arrest Bawku Central MP
2 hours -
Make health sovereignty a priority for Africa – Mahama
2 hours -
Dorimon Naa, Wa West DCE lead massive clean-up exercise; threaten sanctions against recalcitrant residents
3 hours -
Photos from Adom FM Y2K Jam
3 hours -
Praye Tiatia steals the show at Adom FM Y2K Jam [Watch]
3 hours -
Boakye Agyarko congratulates John Boadu, pledges support for NPP leadership
3 hours -
Antwi HiMight thrills fans with Antwi ne Antwi hits at Adom FM’s Y2K Jam [Video]
3 hours -
Amb. Edward Boateng congratulates Boadu, Kodua on election wins
4 hours -
John Boadu pledges to rebuild NPP from grassroots and restore ‘winning machinery’
4 hours