12
Mar
Gov't Suspends Income Tax On Trotro And Taxi President Akufo-Addo's government has announced the suspension of vehicle income tax on Trotro and taxis to reduce the cost of transportation under its tax relief program. The caretaker finance minister has also provided that, Small businesses will also enjoy the suspension of income tax stamp payments. It was revealed in the 2021 Budget statement read in Parliament by the Minister for Parliamentary affairs who doubles as Majority Leader in parliament, Mr. Osei Kyei Mensah Bonsu on 12th March 2021. Mr. Kyei Mensah Bonsu also announced 30% corporate income tax relieves on hotels,…