Some of the taxes introduced under Akufo-Addo Government:
1. Penalty and Interest Waiver Act, 2021 (Act 1065)
2. Covid-19 Health Recovery Levy Act, 2021 (Act 1068)
3. Financial Sector Recovery Levy Act, 2021 (Act 1067)
4. Energy Sector Levy (Amendment) Act, 2021 (Act 1064)
5. Income Tax (Amendment) Act, 2021 (Act 1066)
6. Electronic Transaction Levy (E-Levy)
7. Minimum Chargeable Income Taxation
8. New Income Tax for Companies involved in Lottery, Betting and Games of Chance
9. Withholding Tax on Winnings from Betting, Lottery and Games of Chance
10. Unified Loss Carry Forward Position
11. Foreign Exchange (FX) Loss
12. New Tax Return for Realisation of Assets and Liabilities
13. Pension-Related Tax Exemption for 2023
14. New Income Tax for Companies in Lottery, Betting and Games of Chance
15. Withholding Tax on Realisation of Assets and Liabilities
16. Changes in Motor Vehicle Benefit for Employees
17. Increased Marginal Income Tax Rate for Individuals
18. Growth and Sustainability Levy (GSL)-A
19. Growth and Sustainability Levy (GSL)-B
20. Increase in Special Elected Rate for Gifts and Gains
21. Excise Duty Review
22. Emissions Levy Tax
23. Vat on Electricity
24. 3% VAT flat rate
25. 50% increase in Communication Service Tax (CST)
Source: Media Without Borders/mwbonline.org
