Business News of Sunday, 11 April 2021Source: www.ghanaweb.comTax Consultant and lecturer, William Owusu Demetia, has re-emphasized the need for the government to revise its tax exemption approach. According to him, a review of the current regime would help government rope in more revenue to commit to projects. Speaking to Joy News, the tax consultant said raised concerns on how a new exemption regime is good for the country. “We need to be able to rationalize our tax exemption regime. The tax exemption regime over here talks about tax concessions for individuals and companies in particular industries and areas, talks about exemptions we give on projects; these includes duties and income taxes, VAT, among others.
Source: GhanaWeb April 11, 2021 10:07 UTC