{"id":326581,"date":"2017-06-09T06:00:17","date_gmt":"2017-06-09T06:00:17","guid":{"rendered":"http:\/\/citifmonline.com\/?p=326581"},"modified":"2017-06-09T06:00:17","modified_gmt":"2017-06-09T06:00:17","slug":"minority-angry-over-suspension-of-vat-collection","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/06\/minority-angry-over-suspension-of-vat-collection\/","title":{"rendered":"Minority angry over ‘suspension’ of VAT collection"},"content":{"rendered":"
The Minority has filed a motion in Parliament aimed at stopping the Ghana Revenue Authority (GRA) and the Finance Ministry from suspending advertising the implementation of VAT (Amendment) Act, 2017 in the media.<\/p>\n
According to the Minority, the law had been passed as far back in April, hence differing the implementation to another date is considered as contempt of Parliament.<\/p>\n
The Minority Leader, Haruna Iddrisu, while filing the motion on Thursday, argued that the GRA and the Ministry of Finance cannot on their own suspend the implementation of a tax law duly passed by the Parliament and approved by the President.<\/p>\n
[contextly_sidebar id=”JTcUPj4VzMVUiiVhsot7b4k2zZILUp53″]\u201cMr. Speaker, I beg to move that this honourable House call on the Minister responsible for Finance to implement the value added tax amendment act 2017, Act 948 and suspend the advert in the media suspending the implementation of Act 948.\u201d<\/p>\n
Government in the 2017 Budget Statement announced some tax reliefs, including abolishing of VAT on Financial services.<\/p>\n