We’re helpless on bank VAT - Bank of Ghana

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• george 9 years ago

  as far as i am concerned, value added tax is the tax on the additional value put on goods and service.
  so, if i withdraw my money fron a bank what what additional money comes on it which should tax be taxed.

  as far as i am concerned, value added tax is the tax on the additional value put on goods and service.
  so, if i withdraw my money fron a bank what what additional money comes on it which should tax be taxed.

  reply
• EZEKIEL 9 years ago

  "...subject to dictates of parliament"
  A COMPLETE NONSENSE!You are the Economists overseeing what COULD be GOOD for the Nation.When parliament comes with such an idea,it is you,SUPPOSED TO KNOW BETTER,advise them about the R ...
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  "...subject to dictates of parliament"
  A COMPLETE NONSENSE!You are the Economists overseeing what COULD be GOOD for the Nation.When parliament comes with such an idea,it is you,SUPPOSED TO KNOW BETTER,advise them about the RATHER SENSIBLE COURSE of action!!Useless!

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• Chelsea Rolland 9 years ago

  Economy

  Economy

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• Gye Nyame 9 years ago

  Next demolition project by Mahama is the banking institution. Mahama and his administration are so desperate that they bulldoze down everything in their way. This is the administration that was able to come up with taxing co ...
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  Next demolition project by Mahama is the banking institution. Mahama and his administration are so desperate that they bulldoze down everything in their way. This is the administration that was able to come up with taxing condoms, what does that tell you? By the time he leaves office every institution and the people will all be flat on their backs. God help us!

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• hard listeners 9 years ago

  another useless policy of this yen tie obia govt. what else do you expect but another U turn after some months of needless agonies ghanaians would be going through.

  another useless policy of this yen tie obia govt. what else do you expect but another U turn after some months of needless agonies ghanaians would be going through.

  reply
• SM4LYF 9 years ago

  IF YOU HAVE FOOLS IN GOVERNMENT WHOSE ONLY AIM IS TO STEAL AND DESTROY THE COUNTRY .. WAT DO U EXPECT??

  IF YOU HAVE FOOLS IN GOVERNMENT WHOSE ONLY AIM IS TO STEAL AND DESTROY THE COUNTRY .. WAT DO U EXPECT??

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• KB,LONDON 9 years ago

  GHANA HAS'T SEEN ANYTHING YET. NDC HAS DESTROYED THE COUNTRY.

  GHANA HAS'T SEEN ANYTHING YET. NDC HAS DESTROYED THE COUNTRY.

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• wali 9 years ago

  even bank of Ghana admit that bank high vat rates is a huge mistake,any ignorate person in the world knows that in bad time when the economy is in the toilet you don't raise vat /and or taxes doing that only destroy the ec ...
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  even bank of Ghana admit that bank high vat rates is a huge mistake,any ignorate person in the world knows that in bad time when the economy is in the toilet you don't raise vat /and or taxes doing that only destroy the economy further and frezze any activity of any busniss or enterprie

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• OBOONI 9 years ago

  IT's TRUE WE HAVE NOT SEEN ANYTHING YET ,THEY LOOTED EVERYTHING AND THEY ARE NOW FINDING ALL MEANS TO RECOVER , I PITY NDC FOLLOWERS !!!

  IT's TRUE WE HAVE NOT SEEN ANYTHING YET ,THEY LOOTED EVERYTHING AND THEY ARE NOW FINDING ALL MEANS TO RECOVER , I PITY NDC FOLLOWERS !!!

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• sam 9 years ago

  How on earth will you want to tax a credit card and debit card transaction? If the govt expenditure is over bloated ? we know where that is coming from why don't we deal with that. Are we serious about development??
  We hav ...
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  How on earth will you want to tax a credit card and debit card transaction? If the govt expenditure is over bloated ? we know where that is coming from why don't we deal with that. Are we serious about development??
  We have staff at the Ministries who do nothing but gets paid, our so called board of directors for all these malfunctioning institution are stealing from the nation,the IRS is full of thieves,our politicians have become experts in stealing from us in the name of democracy, we live way beyond our means as a nation and as a people and so if even VAT is increased to 99% and every services and products are taxed at 99% we will still remain poor. Who is richer? the guy who makes 1000GHC and saves 200GHC and the guy who makes 10000GHC but spends all ?

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