The Government of Ghana has given a tax waiver of $13.3 million to Members of Parliament and the Council of state members, this is to ensure that they are relieved off charges or duties which might be incurred in the process of importing cars into the country by the officials for use. Aside this, it was earlier mentioned that these public officials are to pay 40% of the loan.
The Members of Parliament and the Council of state members are to get $28 million and $3.5 million respectively, with each Member of Parliament receiving $100,00, a loan facility which is being facilitated by the National Investment Bank (NIB)
This was put before the parliament by the Minister for Chieftaincy and Religious Affairs, Mr Ebenezer Kojo Kum, on behalf of the Finance Minister, Wednesday, July 14, 2021.
Here are a few excerpts of the agreement; “Request for waiver of the Import Duty, Import GETFund Levy, Import NHIL, Import VAT, EXIM levy, COVID-19 Recovery Levy, Special Import Levy, ECOWAS Levy, AU Levy, Inspection Fees, and Withholding Tax (ITS Tax Deposit) amounting to the Ghana Cedi equivalent of thirteen million, three hundred and eighty-seven thousand, five hundred United States Dollars (US$13,387,500.00) on vehicles to be procured for Members of Parliament of the Eighth Parliament of Ghana (2021-2024) and the Members of the Eighth Council of State (2022-2024)”
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