{"id":1257067,"date":"2022-11-24T08:41:22","date_gmt":"2022-11-24T08:41:22","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/11\/24\/minority-urges-ghanaians-to-brace-up-for-more-taxes-in-2023-budget\/"},"modified":"2022-11-24T08:41:22","modified_gmt":"2022-11-24T08:41:22","slug":"minority-urges-ghanaians-to-brace-up-for-more-taxes-in-2023-budget","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/11\/24\/minority-urges-ghanaians-to-brace-up-for-more-taxes-in-2023-budget\/","title":{"rendered":"Minority urges Ghanaians to brace up for more taxes in 2023 budget"},"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\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/11\/lx-696x464.jpg\"   alt=\"ndc minority in ghana parliament\" title=\"ndc minority in ghana parliament\"\/><figcaption class=\"wp-caption-text\">Parliament<\/figcaption><\/figure>\n<\/div>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"300\" scrolling=\"no\" frameborder=\"no\" allow=\"autoplay\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https%3A\/\/api.soundcloud.com\/tracks\/1389064171&#038;color=%23ff5500&#038;auto_play=false&#038;hide_related=false&#038;show_comments=true&#038;show_user=true&#038;show_reposts=false&#038;show_teaser=true&#038;visual=true\"><\/iframe><\/p>\n<p>The Minority in Parliament has said that the 2023 Budget will exacerbate the suffering of Ghanaians.<\/p>\n<p>This, they claim, is because government intends to introduce a number of taxes.<\/p>\n<p>The 2023 Budget is expected to be presented in Parliament on Thursday, 24<sup>th<\/sup>\u00a0November 2022.<\/p>\n<p><!-- \/22191989129,1002554\/MGL\/mgl_ado_atunwa_300x250 --><\/p>\n<p>Speaking to journalists ahead of the presentation, a Member of the Finance Committee, Thomas Ampem Nyarko, alleged that government will increase the VAT rate to 20 percent from the current 17.5 percent.<\/p>\n<p>\u201cIn fact, what we are hearing is that government intends to increase VAT by 2.5 percent,\u201d he alleged.<\/p>\n<p>He also claimed that there are rumours that income taxes will be increased, adding that exemptions on Mobile Money will also be removed.<\/p>\n<p>Mr Nyarko, however, said the Minority will not support these new taxes, especially an increase in VAT due to the present harsh economic climate.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"300\" scrolling=\"no\" frameborder=\"no\" allow=\"autoplay\" src=\"https:\/\/w.soundcloud.com\/player\/?url=https%3A\/\/api.soundcloud.com\/tracks\/1389058138&#038;color=%23ff5500&#038;auto_play=false&#038;hide_related=false&#038;show_comments=true&#038;show_user=true&#038;show_reposts=false&#038;show_teaser=true&#038;visual=true\"><\/iframe><\/p>\n<p>\u201cWe will not accept this 2.5 percent increase in VAT because that will be killing. We are not saying any tax at all, because government programmes must run. However, all this when introduced is just going to kill Ghanaians,\u201d he said.<\/p>\n<p><strong>ALSO READ:<\/strong><\/p>\n<p><strong>Minority questions credibility of NPP MPs who made U-turn after calling for Ofori-Atta\u2019s head<\/strong><\/p>\n<p><strong>Minority rejects 3 loan applications from govt<\/strong><\/p>\n<p>According to him, government ought to present a clear expenditure cut in the 2023 Budget, considering the hardship of Ghanaians.<\/p>\n<p>            <!--  [embed]https:\/\/www.youtube.com\/watch?v=videoseries[\/embed]<!--\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>--><\/p>\n<div class=\"youtube-embed\" data-video_id=\"KIqXp3WT63w\"><iframe loading=\"lazy\" title=\"Oti minister urges participating assemblies to embrace GPSNP with commitment (23-11-22)\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/KIqXp3WT63w?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Parliament The Minority in Parliament has said that the 2023 Budget will exacerbate the suffering of Ghanaians. This, they claim, is because government intends to introduce a number of taxes. The 2023 Budget is expected to be presented in Parliament on Thursday, 24th\u00a0November 2022. Speaking to journalists ahead of the presentation, a Member of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1256794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1257067","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1257067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1257067"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1257067\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1257067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1257067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1257067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}