17.5% VAT: Banks agree not to tax customers

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• wasi 10 years ago

  we are not stupid no bank in Ghana either commercial or regular bank will dare rip off falks with mahama
  stupid 17.5%vat if they do that people will take all the money sitting in banks out of the banks and the fraudulent ba ...
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  we are not stupid no bank in Ghana either commercial or regular bank will dare rip off falks with mahama
  stupid 17.5%vat if they do that people will take all the money sitting in banks out of the banks and the fraudulent banksters will have empty banks Ghana people are wakeing up to this rip off

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• benson 10 years ago

  This politicians have bought guns for the arm robers so that when you refuse to save in the banks they can get the advantage and rob you of your last pasewa. Shame unto them. Let pray God expose their evil doing one by one.

  This politicians have bought guns for the arm robers so that when you refuse to save in the banks they can get the advantage and rob you of your last pasewa. Shame unto them. Let pray God expose their evil doing one by one.

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• Amos 10 years ago

  Why cant the banks list which services will be charged for customers to be aware? This govt is telling us that the tax wont cover salaries,loans,deposits,savings and investment.....so what will be taxed,they cant mention them ...
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  Why cant the banks list which services will be charged for customers to be aware? This govt is telling us that the tax wont cover salaries,loans,deposits,savings and investment.....so what will be taxed,they cant mention them? For that they say "as spelt out in Act 870,2013" ....maybe article 21,subsection bra bra bra....what's going on? Dirty politics and stupid propaganda has eaten into every single sector in Ghana,even banking sector....my God!!!!At the end the poor Ghanaian customer will be robbed of his small savings he depends on for survival by the banks.Ghana Paa nie,we are witnessing a real hell of time by draculas in govt.

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• benson 10 years ago

  The commercial banks are on the right path but the average ghanaian need detaile explanation on what service they will be taxing. Also, some commercial banks have send messages to their customers abt this tax. If they are wit ...
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  The commercial banks are on the right path but the average ghanaian need detaile explanation on what service they will be taxing. Also, some commercial banks have send messages to their customers abt this tax. If they are with the general public then they must reverse their messages. Not that you waik to the bank for business and then meet your night mare. Arise ghana youth for your country. We are being rob of our small monies we try to make everyday throught our sweating.

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• Yaawa Deide 10 years ago

  I pay income tax of 20% on my salary and SSNIT contribution plus NHIS levy at the end of every month.
  
  I starve myself and put a little of this money as savings/investment. The Gov't now wants a whopping 17.5% of this meag ...
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  I pay income tax of 20% on my salary and SSNIT contribution plus NHIS levy at the end of every month.
  
  I starve myself and put a little of this money as savings/investment. The Gov't now wants a whopping 17.5% of this meagre amount. How insensitive can they be to our plight!!
  
  They should try it and see. Vision less team.

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• GHFUO, be serious & change ur MENtali 10 years ago

  the banks agreed to levy only fees or commissions charged on some financial services as spelt out in Act 870, 2013.

  the banks agreed to levy only fees or commissions charged on some financial services as spelt out in Act 870, 2013.

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• RAS KOBBY 10 years ago

  we shall go back to the old ways of doing things, keep money in deep freezers and dig gardens and bury savings because your money gets taxed at the Bank and you can even withdraw your own dollar in your account.

  we shall go back to the old ways of doing things, keep money in deep freezers and dig gardens and bury savings because your money gets taxed at the Bank and you can even withdraw your own dollar in your account.

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• Joe Katakumbey 10 years ago

  The Govt should widen ts tax base to include the informal sector.

  The Govt should widen ts tax base to include the informal sector.

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• markistone 10 years ago

  The government didnt think about how painful it is to her citizens...people are recieving only 150 cedis per month as salary. Ask your self that how much will they saved?. 17.5% VAT from each customer is unfair ..,This mean ...
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  The government didnt think about how painful it is to her citizens...people are recieving only 150 cedis per month as salary. Ask your self that how much will they saved?. 17.5% VAT from each customer is unfair ..,This means that, the government have set an example of crimenology... the government has to remove this policy.

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