The Minister of State at the Presidency in charge of public private
partnership, Rashid Pelpuo has assured Ghanaians worried about the
impact of the increase in Value added Tax (VAT) on their lives that the
2014 budget will provide relief for them.
He says the budget which is expected to be presented on Tuesday will
outline some measures to cushion the effects of the increase on
businesses and consumers.
Speaking on Citi FM’s news analysis program The Big Issue
Mr. Pelpuo said “I believe that [Tuesday’s] budget, I’m just
giving you a hint several other issues are going to come and they will
be very palatable and you will maybe forget about this VAT increase.’’
Parliament passed a bill on Friday amid objections by the Minority, to
increase the Value Added Tax (VAT) threshold from the current 12.5
percent to 15 percent.
SOURCE[citifmonline.com/Ghana]
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