President Akufo-Addo has asked Ghanaians to bear with his administration over the decision to maintain the Covid Health Recovery Levy.
He noted that the levy might not be the most popular levy but he would admonish the people to bear with his administration.
“The COVID Health Recovery Levy that was introduced to help fill some of the expenditure holes might not be the most popular tax, but I entreat all of you to bear with us”, the President said in his address on Sunday.
Several individuals had advised the levy to be scrapped since it was no longer needed.
The Importers and Exporters Association of Ghana had asked the government to abolish what it described as the nuisance taxes that make the cost of doing business in Ghana expensive.
But the president says in his final address on Covid-19 that it would be maintained.
According to him, this is to help to bridge the fiscal gaps generated by the pandemic while addressing other expenditure challenges.
He also rubbished claims that the outbreak was used as a corruption avenue.
“Let me make it clear that COVID expenditures, essentially unplanned, have been subject, at my instigation, to audit by the Auditor-General, and are going through parliamentary processes. We all deserve to be reassured that the crisis was not used as a cover for corrupt practices”, the President added.
The Covid-19 Health Recovery Levy is a stand-alone levy applied to the gross value of taxable supplies of goods and services provided under the Standard Rate and VAT Flat Rate Schemes.
By: Rainbowradioonline.com/Ghana
