{"id":1269188,"date":"2022-12-22T23:55:58","date_gmt":"2022-12-22T23:55:58","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/22\/parliament-approves-2-5-vat-increment\/"},"modified":"2022-12-22T23:55:58","modified_gmt":"2022-12-22T23:55:58","slug":"parliament-approves-2-5-vat-increment","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/22\/parliament-approves-2-5-vat-increment\/","title":{"rendered":"Parliament approves 2.5% VAT increment"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"464\" class=\"entry-thumb\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-11-24-at-11.44.06-AM-696x464.jpeg\"   alt=\"\" title=\"Ken Ofori-Atta reads 2023 Budget in Parliament\"\/><\/div>\n<p>Parliament has approved the 2.5% Value Added Tax (VAT) increment announced by the Finance Minister, Ken Ofori-Atta in the 2023 budget by a head count vote.<\/p>\n<p>The Majority on Wednesday had a tough time with the Minority which had served notice of resisting the increment.<\/p>\n<p>After the Sit-in-Speaker, Andrew Asiamah, used the voice vote which was discretionary, he mentioned that the Majority side had it, but the Minority resisted and called for a headcount.<\/p>\n<p><!-- \/22191989129,1002554\/MGL\/mgl_ado_atunwa_300x250 --><\/p>\n<p>A result of the Majority\u2019s 136 votes and 135 for the Minority saw the approval of the 2.5 % increment for the fiscal year ending December 31, 2023.<\/p>\n<p><strong>ALSO READ:<\/strong><\/p>\n<p><strong>Increment in VAT is inappropriate at this time \u2013 Ghana Chamber of Commerce CEO<\/strong><\/p>\n<p><strong>Govt\u2019s new VAT rate a lazy man approach \u2013 Prof Bokpin<\/strong><\/p>\n<p>The Majority also jubilated same as the Minority did in the stepping down of the GHS80 National Cathedral budget.<\/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=\"h8SIlvVtDL4\"><iframe loading=\"lazy\" title=\"Noise: EPA issues warnings to churches, bars, event organizers ahead of holidays (22-12-22)\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/h8SIlvVtDL4?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 has approved the 2.5% Value Added Tax (VAT) increment announced by the Finance Minister, Ken Ofori-Atta in the 2023 budget by a head count vote. The Majority on Wednesday had a tough time with the Minority which had served notice of resisting the increment. After the Sit-in-Speaker, Andrew Asiamah, used the voice vote which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1269189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1269188","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1269188","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=1269188"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1269188\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1269188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1269188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1269188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}