03
Apr
Ghana’s Parliament has approved the three revenue bills – the Income Tax Amendment, the Excise Duty Amendment and the Growth and Sustainability Amendment Bills. The Excise Duty Amendment levy imposes new excise duty at 20 per cent for non-alcoholic sweetened beverages, from 17.5 per cent to 20 per cent excise duty on mineral water, 45 per cent of duty for wines, including sparkling wine and 50 per cent for spirits, all at ex-factory prices, was not appropriate. The Ghana Federation of Labour (GFL) expressed concerns that this levy would increase the cost of production, which would be transferred to the…