Income tax increment has affected us badly - MP - News Summed Up

Income tax increment has affected us badly - MP


General News of Saturday, 29 September 2018Source: rainbowradioonline.comIncome tax increment has affected us badly - MPParliament of GhanaMembers of Parliament have lamented reduction in their salaries. As part of measures to raise more revenue to meet its revenue target for the 2018 fiscal year, government introduced a new tax known as the high net worth income tax. In line with the new tax, the government will charge 35 percent on incomes that are over GHC 10,000. But the MP says they have been badly affected. Due to this, MPs cannot buy fuel for parliamentary proceedings these days and this has affected parliamentary proceedings the legislator said.


Source: GhanaWeb September 29, 2018 08:15 UTC



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