{"id":667093,"date":"2019-07-29T15:47:47","date_gmt":"2019-07-29T15:47:47","guid":{"rendered":" <br><div>\n            <div class=\"td-post-featured-image\"><figure><img width=\"696\" height=\"464\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghana-mma.com\/wp-content\/uploads\/2019\/07\/2019-mid-year-budget-review_31-696x464.jpg\"   alt=\"\" title=\"2019 "},"modified":"2019-07-29T15:47:47","modified_gmt":"2019-07-29T15:47:47","slug":"communication-service-tax-up-by-9","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/07\/29\/communication-service-tax-up-by-9\/","title":{"rendered":"Communication Service Tax up by 9%"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\">\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"464\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/07\/2019-mid-year-budget-review_31-696x464.jpg\"   alt=\"\" title=\"2019 mid-year budget review_31\"\/><figcaption class=\"wp-caption-text\">Ken Ofori-Atta, Finance Minister<\/figcaption><\/figure>\n<\/div>\n<p>Finance Minister, Ken Ofori-Atta is proposing a nine percent increase in Communication Service Tax.<\/p>\n<p>This, he explained, is to develop the foundation for the creation of available technology ecosystem in the country.<\/p>\n<p><strong>READ: Audio: Prophet Badu Kobi incurs wrath of women group<\/strong><\/p>\n<p>Mr Ofori-Atta revealed this while presenting the 2019 Mid-year Budget Review in Parliament on Monday.<\/p>\n<p>The announcement affirmed the predictions by economic pundits and politicians who said government planned to increase taxes to generate revenue.<\/p>\n<p>They also predicted Value Added Tax increase from 17.5% to 21%.<\/p>\n<p><strong>READ: Ato Forson\u2019s prediction ahead of Mid-year Budget Review<\/strong><\/p>\n<p>But, explaining the rationale behind the increment from six to nine percent, the Finance Minister said it is to enable government put in place systems to identify and combat cybercrime, protect users of information technology, combat money laundering and other financial crimes.<\/p>\n<p>\u201cThe increase will not be earmarked, however, the sharing ratio will be adjusted in such a manner that the national youth employment programmes continue to receive the same proportions as they are currently receiving,\u201d he added.<\/p>\n<p><strong>READ: Possible Communications Service Tax increase; Minister reacts<\/strong><\/p>\n<p>Communication Service Tax was introduced in 2008 at an ad valorem rate of six percent. The tax is levied on charges payable by consumers for the use of communication services. <\/p>\n<p>Source: Ghana | Adomonline.com | Adwoa Gyasiwaa Agyeman<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ken Ofori-Atta, Finance Minister Finance Minister, Ken Ofori-Atta is proposing a nine percent increase in Communication Service Tax. This, he explained, is to develop the foundation for the creation of available technology ecosystem in the country. READ: Audio: Prophet Badu Kobi incurs wrath of women group Mr Ofori-Atta revealed this while presenting the 2019 Mid-year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":667094,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-667093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Communication Service Tax up by 9% - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/07\/29\/communication-service-tax-up-by-9\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Communication Service Tax up by 9% - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Ken Ofori-Atta, Finance Minister Finance Minister, Ken Ofori-Atta is proposing a nine percent increase in Communication Service Tax. 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