Thursday, 31 March 2016

BUSINESS OWNERS THREATEN TO EXTEND STRIKE IF…



                                                                                                           Story By: Ufondu Kingsley

        Members of some five business association who have closed down shops in the capital to protest tax increases have said they will extend their action unless government heeds to their call for a review of the tax regime.
   The three-day strike ended Wednesday but the associations are considering an extension.
      The striking business associations want the abolishment of tax stamps, a 2 percent tax on special import and a review of the ECOWAS CET tariff among a raft of other government taxes.
    The associations include Ghana Union of Traders Association (GUTA), Food and Beverage Importers Association of Ghana, Institute of Freight Forwarders among others.
     They have come together to form the Joint Consultative Forum in a bid to strengthen pressure on government to heed their demands.
      According to them, the taxes have choked the business environment.

      Spokesperson for the Joint Consultative Forum, John Awuni, told BLG that they are determined to get government to listen to them.
     Tax Policy Advisor at the Ministry of Finance, Dr. Edward Larbi Siaw also speaking to the same media house said the ministry is committed to engaging the striking business associations for the strike to be called off.

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