2022 budget: 15% increment on fees and charges ‘deadlier’ than E-levy – Kwakye Ofosu

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A 15% survey on expenses and charges is the more regrettable tax in the 2022 budget

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This is a circuitous assessment that influences each Ghanaian as indicated by Kwakye Ofosu

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He portrays the assessment as one of three executioner charges in the financial plan as of now being discussed

The 2022 Killer Budget hacked up three executioner burdens that are aimed at forcing more difficulty on previously enduring and troubled Ghanaians.

This is the perspective on Felix Kwakye Ofosu, who chose the three assessments as, the Electronic exchanges levy (E-levy) , the inversion of benchmark income and the 15% augmentation on government expenses and charges.

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As per the previous Deputy Communications Minister, it is the last option charge part that has a seriously destroying impact contrasted with the broadly scrutinized E-levy

Clarifying his position on the November 23 version of Metro TVs Good Morning Ghana program, Kwakye Ofosu said: There is a yet a really wrecking charge, that is, the 15% addition in all administration expenses and charges. Many individuals have not turned away their brains to this is on the grounds that it seems elusive to them.

LI 2386, Fees and Charges Miscellaneous Provision 2019, has 749 pages and records all expenses and charges government establishments take, it records every one of the 129 MDAs with 20,000 separate charges from school expenses, scholarly client office, Lands Commission, GRA (and) at all organizations government offers some assistance.

He clarified further: Even with the 15% expansion, consistently it will be looked into upwards with the pace of expansion, so there is each sign that this will go up and afterward 5 years after the fact it will be audited upwards so this maybe is much more annihilating than the e-demand.

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They need to extract water from stone so the Finance Minister can raise an extra 25 billion cedis over last years income. He desires to get 15 billion from these draconian assessments and 10 billion from existing financial game plans, he added.

The thing Ofori-Atta said about audit on government expenses and charges

Audit Fees and Charges with a normal increment of somewhere around 15% in 2022 and from that point subject it to programmed yearly changes by normal expansion rate as distributed by the Ghana Statistical Service, however with the earlier assent of the Minister for Finance.

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The expenses and charges ought to, notwithstanding, be exposed to general audit at regular intervals. The viable date of execution is first January 2022.

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