Eco-tax

Petrol and diesel vehicle owners may be required to pay a new annual tax of GH₵100 per vehicle. The government is introducing this new tax bill in Parliament with the aim of promoting the use of eco-friendly sources of energy to power vehicles. The initiative is part of the government’s drive towards more climate-positive actions and to offset its carbon output. Companies will also be expected to pay GH₵100 per tonne of carbon dioxide emission. This move follows the government’s decision to apply a zero-VAT rate on imported electric vehicles in the 2024 budget. Mr. Ofori-Atta had previously announced the…