Possible Communications Service Tax increase; Minister reacts

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Minister for Communications, Mrs Ursula Owusu-Ekuful is in support of any measure which will increase government revenue.

Citing her Ministry as an example, she said there has been a review of the revenue in the communications sector, thus, she will not be surprised if the Communications Service Tax is increased.

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As Finance Minister, Ken Ofori Atta prepares to present the Mid-year Budget Review in Parliament, many economic pundits have predicted tax increases.

There are claims the government is likely to increase Communications Service Tax from 6% to 12%, Value Added Tax (VAT) from 17.5% to 21% in the mid-year budget review.

This has been corroborated by a publication by a pro-government newspaper, The New Statesman newspaper.

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Reacting to this on Adom FM’s morning show, Dwaso Nsem programme, Monday, the Communications Minister revealed that revenue in the sector is at its all time low.

To be able to undertake the many infrastructural projects and tackle cyber security, Mrs Owusu-Ekuful underscored the need for the citizenry to pay a little more.

“Voice and other revenues in the sector is going down so I won’t be surprised if the tax is increased,” she added.

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On expectation on the Mid-year Budget Review, the Communications Minister is hoping money will be allocated for the Cyber Security Fund to help them fight the growing cyber fraud in the country’s digital space.

Source: Ghana | Adomonline.com| Adwoa Gyasiwaa Agyeman