Audio By Carbonatix
The Minority in Parliament has criticised the government’s newly imposed GH₵1 Energy Sector Recovery Levy, warning that it represents the highest tax rate ever introduced in Ghana at first instance.
According to the Minority, the levy, which translates to an 8% charge per fuel transaction, sets a worrying precedent in the country’s tax regime.
Addressing the media on Monday, June 9, the Minority pointed out that the historical pattern of tax implementation in Ghana has typically started with modest rates, followed by gradual increases.
They argued that the 8% rate is an unprecedented imposition on already overburdened citizens.
“Ghanaians will bear witness that this levy is being charged at a rate of 8% per transaction,” the Minority stated. “And this makes it one of the highest tax rates introduced in Ghana in a single instance.”
Drawing comparisons with previous taxes, the Minority noted that when VAT and other major levies were first introduced, the initial rates were significantly lower.
“If you study the history of VAT and some of our revenue handles, you will notice that at the first instance of introduction, sometimes it is 1%, 1.5% or 2%,” they explained.
“Then, as the years go by, you may find some additions and consolidations. But for this particular levy, the government is charging the people of Ghana 8% immediately.”
The Minority condemned the move as insensitive, particularly in light of the economic hardships facing many Ghanaians.
They argued that the levy would not only worsen the cost of living but also undermine trust in the government’s fiscal approach.
Latest Stories
-
Michael Blackson’s claims on late mother’s care inaccurate – UGMC
17 minutes -
Trump’s ‘Liberation Day’ tariff refunds hit $100bn
20 minutes -
Third-term agenda has never served Africa well – Dr Asah-Asante cautions
29 minutes -
“Ask Asiedu Nketia what he means” – NPP rejects claim it created Mahama third-term debate
32 minutes -
Lawyers for Hanan Wahab, Adu-Boahene protest vacation trials in petition to Chief Justice
46 minutes -
GHS calls for stronger national support for breastfeeding as Ghana marks World Breastfeeding Week
58 minutes -
KTU hostel crackdown: Rent Control, GTA shut down two facilities over poor sanitation, arbitrary rent concerns
1 hour -
Two jailed 20 years for trafficking Nigerians into cybercrime in Tema
1 hour -
Fire guts late Murtala Mohammed’s family home, destroys nine rooms
1 hour -
UGMC disputes Michael Blackson’s claims, says patient care followed medical standards
1 hour -
Confusion as traders re-erect containers at Baba Yara Stadium after KMA demolition
1 hour -
Third-term presidency claims designed to divide NDC and revive collapsed NPP – Mustapha Gbande
1 hour -
Ghana’s central bank pumped nearly $13bn into FX market in just a year, IMF says
2 hours -
Bueman SHS wins historic Riddle Bonanza at 2026 NSMQ Oti Regional Qualifiers
2 hours -
Ghana Police Service and Education Ministry fined again for RTI non-compliance
2 hours