Beginning October 1, 2019, a 9% levy will be charged mobile phone users for communication services.
The Communication Service Tax (CST) was previously set for 6%, however, it was raised to 9% during the presentation of the 2019 Mid-year Budget Review by the Finance Minister.
The Finance Minister, Ken Ofori-Atta, told Parliament that the levy was increased in a bid to build a viable technology ecosystem in Ghana.
A viable technology ecosystem, according to the Minister, involves identifying and combating cybercrime, protecting users of information technology and combating money laundering and other financial crimes.
The Ghana Chamber of Telecommunications explained the implementation of the new levy thus: For every GH¢1 of recharge purchased, a 9% CST fee will be charged leaving GH¢0.93 for the purchase of products and services.
“Dear customer, with the increase in Communications Service Tax – CST to 9%, effective 1st October 2019, CST of 9% will be applied to every recharge. Thank you,” Vodafone Ghana has informed its subscribers.
MTN has also circulated the information below on social media.
Latest Stories
-
We didn’t sneak out 10 BVDs; they were auctioned as obsolete equipment – EC
3 hours -
King Charles to resume public duties after progress in cancer treatment
3 hours -
Arda Guler scores on first start in La Liga as Madrid beat Real Sociedad
3 hours -
Fatawu Issahaku’s Leicester City secures Premier League promotion after Leeds defeat
4 hours -
Anticipation builds as Junior Speller hosts nationwide auditions
4 hours -
Etse Sikanku: The driver’s mate conundrum
5 hours -
IMF Deputy Chief worried large chunk of Eurobonds is used to service debt
5 hours -
Otumfuo Osei Tutu II celebrates 25 years of peaceful rule on golden stool
5 hours -
We have enough funds to pay accruing benefits; we’ve never missed pension payments since 1991 – SSNIT
5 hours -
Let’s embrace shared vision and propel National Banking College – First Deputy Governor
6 hours -
Liverpool agree compensation deal with Feyenoord for Slot
6 hours -
Ejisu by-election: There’s no evidence of NPP engaging in vote-buying – Ahiagbah
6 hours -
Ejisu by-election: Independent ex-NPP MP’s campaign team warns party against dubious tactics
7 hours -
ZEN Petroleum supports Tse-Addo Future Leaders School
7 hours -
NPP must win back Adentan seat in 2024 polls – Obeng Fosu
8 hours