Audio By Carbonatix
Ghanaian musician Kwabena Kwabena has expressed his concern regarding the Ghana Revenue Authority's (GRA) 21.9% tax on event tickets, labeling it as detrimental to the music industry.
In an interview on Daybreak Hitz with DJ Slim, the highlife crooner highlighted the substantial investments required to organise events, stating that such a high tax rate poses a huge threat to performers and organisers.
"You put in so much, you invest so much, and then somebody comes to your door and says that I'm gonna take 21.9% off every ticket you sold," he said.
In suggestion to what works better for the music industry, he remarked: “I think it has to be done after net time, they should calculate percentages on my profit”.
Diagnosing the implications of the financial burden placed on artists and event organizers, he urged: “It has to be reviewed because it’s killing the industry.”
He believes that adjustments should be made that better reflect the financial realities faced by artistes, particularly in light of the growing expenses involved in putting on live shows.
His concern comes on the back of calls by various creatives such as OB Amponsah, Lekzy DeComic, George Quaye, Peter Sedufia, for the government to find ways of mitigating the effects of the taxes on their works.
Latest Stories
-
Eid-ul-Fitr: Chief Imam urges Ghanaians to protect environment
13 minutes -
Netanyahu says Israel ‘acted alone’ in Iran energy strike, will heed Trump’s call not to repeat attack
27 minutes -
Police nab 12 over highway attacks in Ashanti Region, recover weapons
46 minutes -
They were not set up to help Africa – Seth Terkper on global finance
1 hour -
IHRC calls for peace in Middle East as Muslims mark Eid
1 hour -
Bretton Woods institutions were never built for Africa – Seth Terkper
1 hour -
Jinijini–Sampa road to be completed by 2027 — Mahama
10 hours -
Afroman wins legal battle over songs mocking US police
10 hours -
MTN Ghana deepens role in national growth with record tax contributions and expanded investments
10 hours -
Kevin Spacey and accusers settle before civil trial
10 hours -
Premier League extends £30 cap on away tickets
10 hours -
Oyarifa Police arrest pastor over alleged sexual abuse of 9-year-old stepdaughter
10 hours -
Haaland invests in new global chess tour
10 hours -
Denounce ‘abject’ Afcon decision – senior CAF member
11 hours -
Ashanti Police arrest 12 suspects in robbery, link 3 to Kusasi Chief murder at Asawase
11 hours

