Government Imposes Two New Levies

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Two new levies have been imposed on the good people of Ghana from the 2021 Budget Statement presented to Parliament on Friday, March 12, 2021.

The budget statement was read in Parliament by Hon. Kyei Mensah Bonsu, the caretaker minister for the Ministry of Finance.

Even though the budget had a lot of goodies spelled out in ot for many Ghanaians, some of it has also left a sour taste in many mouths.

Among them are two special levies which has shocked many Ghanaians and left tongues wagging. This has come about as a result of how the coronavirus pandemic has dealt the Ghanaian economy in relation to its debt management over the past one year.

COVID-19 Levy

Government through the 2021 budget has announced the introduction of a 1% COVID-19 levy on both the existing Flat Rate Scheme and the National Health Insurance Levy.

It is expected that the monies accrued from the levy will be used to fund government’s construction of new hospitals and also cater for the recruitment of more health workers.

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Furthermore, the fund will support the mass vaccination program and also help alleviate some of the challenges arising from the impact of the COVID-19 pandemic on the economy.

Sanitation/Pollution Levy

Another surprise package from the 2021 budget is the imposition of a Sanitation and Pollution Levy which was announced by the caretaker Minister for Finance.

“To provide the requisite resources to address these challenges and fund these activities, Government is proposing a Sanitation and Pollution Levy (SPL) of 10 pesewas on the price per litre of petrol and diesel under the Energy Sector Levies Act (ESLA)” he noted.

This new levy according to Hon. Kyei Mensah Bonsu is being proposed to raise funds to manage the challenges associated with the country’s sanitation drive in keeping our cities clean of filth and pollution.

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Citizen Atare is a Ghanaian who hails from the Upper East Region. He is an ICT professional working with CERSGIS, a Remote Sensing & GIS Centre, located at the University of Ghana, Legon. Citizen Atare is an amateur freelance writer and blogger for over 20 years, who likes to research into everyday lifestyle issues and situations, politics, and cultural practices to write about to educate and also entertain his readers. He is a highly creative and motivated, highly inquisitive, open minded and to an extent risk-taking with a high visual acumen. He is a dreamer who isn’t afraid to break creative barriers. He is also a passionate aviation, tech and motoring enthusiast with a lot of knowledge to share and a private researcher. He has no formal education or certificate in journalism, but the hunger to know more and do more, backed by an impressive work portfolio is what drives him to write the things he knows best for his numerous online fans. Citizen Atare is married to Margaret and they both live in Accra with their lovely daughter Zoey. His hobbies include reading, listening to very good music; especially jazz, writing, watching action, sci-fi and adventure movies, travel and site seeing and swiming. He likes eating fufu and palm nut soup, but prefers boiled rice and kontomire stew with agushie more.

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