The Vice President of the Republic of Ghana and Flagbearer of the New Patriotic Party (NPP), H.E. Alhaji Dr. Mahamudu Bawumia, has on Friday April 5, 2024, had interactions with members of the Ghana Union of Traders’ Association (GUTA), on his proposed tax reforms and has also addressed the business concerns they expressed.
He noted, “I explained to GUTA in detail, my proposed business-friendly tax reforms, including the game-changing tax amnesty and flat tax rates for businesses and individuals, flat-rate duties on containers, as well as benchmarking our import duties with Togo, to ensure uniformity and also eliminate smuggling.”
Dr. Bawumia further added that, he is encouraged by the Union’s positive reaction towards his policy proposals, especially the tax amnesty and flat tax and container rates proposals, which will create a friendly environment for businesses to thrive.
He has expressed appreciation to the leadership and members of GUTA, for their frank engagement and insightful suggestions for consideration by his government in 2025.
