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2021 Budget: Vehicle Income Tax suspended for trotro, and taxi drivers

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Vehicle income tax suspended

Vehicle income tax suspended for trotro, and taxi drivers

Government has in the 2021 budget statement announced the suspension of vehicle income tax for commercial public transport, popularly called trotro and taxi, to reduce the cost of transportation under its tax relief programme.

Small businesses will also enjoy the suspension of income tax stamp payments, the Minister for Parliamentary Affairs and Majority Leader Osei Kyei-Mensah-Bonsu disclosed during the presentation of the budget in Parliament on Friday (12 March).

Kyei-Mensah-Bonsu also announced tax relieves of 30% on corporate income tax to benefit hotels, restaurants, education, arts and entertainment as well as travel and tours sectors.

“A waiver of penalty and interest on accumulated tax arrears up to December 2020 to reduce cash flow challenges will also target companies and individuals,” he noted.

COVID-19 levy

Meanwhile, he said the government is introducing a COVID-19 Health Levy of 1% on VAT, Flat Rate Scheme, and a 1% on National Health Insurance Levy (NHIL) as part of revenue measures to help the economy recover, according to the 2021 budget statement presented in Parliament.

According to him, the levies will be used for the procurement of vaccines and the establishment of 14 medical waste treatment facilities.

The caretaker finance minister said the levy “will also assist in the construction of 33 major health projects, the recruitment of more health professionals, and Agenda 111.”

Agenda 111 would see the construction of 100-bed capacity district hospitals in 101 districts with no hospitals. It is the latest ever investment in healthcare infrastructure in Ghana’s history and a massive vision by the Akufo-Addo-led administration for Ghana’s healthcare sector.

Ghana’s debt stock

Kyei-Mensa-Bonsu said the COVID-19 pandemic pushed Ghana’s deficit and debts to worrying levels, according to statistics presented in the 2021 budget statement.

He said the current debt stock is GHS 291.6 billion with 76.1% GDP as compared to 2016 where the debt stock was GHS122 billion and a GDP of 56.9%.

Explaining what accounted for the debt stock, the majority leader said fiscal impact of COVID-19 was GHS19.7 billion, cost of financial sector clean-up was GHS 21 billion while GHS 12 billion was the cost of Excess Capacity charges paid to IPPs.

“Without aforementioned factors, debt stock would be targeting GHS 238.9billion with 58.7 of GDP. The revision of growth rate is from an average of 7% between 2017-2019 to 0.9% in 2020,” he said.

Between 2004 and 2008, Ghana’s debt stock increased by 30% under the Kufuor-led New Patriotic Party administration. Between 2008-2012 the debt stock jumped to 269% under the Mills NDC administration and 243% between 2012 and 2016 under the Mahama NDC government. Between 2016 to 2020, the country’s debt stock has risen to 137% under the Akufo-Addo administration.

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Entertainment

Two groups to give GHC2000 each month to Akuapem Poolo’s son until her release from the prison

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Two groups to give GHC2000 each month to Akuapem Poolo's son until her release from the prison

Two groups to give GHC2000 each month to Akuapem Poolo’s son until her release from the prison

The deep love some Ghanaians have shown Rosemond Brown a.k.a Akuapem Poolo doe not only rest on mere posts on social media. Some generous groups from Ghana have pledged to help the little son of the jailed young lady. The little boy will be under the care of his grandmother and his upkeep until his mother returns from jail has been secured with solid financial support by these benevolent groups.

A social media post on Ayisha Modi’s page has revealed that two groups have come together to give the little boy GHC2000 each month as money for his upkeep.

The two groups identified to be doing this great gesture are Modis Outreach and Wanaafriq.

An Instagram post from Ayisha Modi confirming this gesture reads: “My daughter @akuapem_poloo In life everything happens for a reason and I must say what you going through now is a blessing in disguise, have it in mind that wherever there’s a #disgrace there’s also one important thing called grace, remember the stone that the builders rejected became the cornerstone . On this day @modisoutreach and @wanaafriq in collaboration with GIWA FOUNDATION @giwasariki has decided to give your mother 2000gh every month to take care of your child as you spend 90days in prison and also a plot of land to you and my cousin @qwasi_blay when you finally come out.. @qwasi_blay blood 🩸 you know what to do when she is finally out😘😘😘😘😘.”

 

 

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A post shared by Ayisha Modi (@she_loves_stonebwoyb)

Meanwhile the godmother of Rosemond has already sent GHC 5000 to the family to take care of the little boy.

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crime

Two people transporting human bones to fetish priest arrested in Kwamekyere

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Two people transporting human bones to fetish priest arrested in Kwamekyere

Two people transporting human bones to fetish priest arrested in Kwamekyere

Two people transporting human bones to fetish priest arrested: Two men have been arrested in the Eastern Region in possession of objects believed to be human skulls and bones, the police have said.

The suspects – Awatey David Okra, 22, a driver, and Nicholas Amenuvor, 20 – were arrested by residents of Kwamekyere, a community in the Ayensuano District, following a tip-off.

A statement from the police said a search of their taxi cab revealed a black suitcase containing bones, suspected to be human.

According to the police, the suspects said they were transporting the items to a fetish priest known as Gagba of Kwamekyere village on behalf of one Djoka of Niifio.

When the police accompanied the suspects to Gagba’s shrine he was not around. However, a pot containing a skull, believed to be human, was found on the compound.

“The suitcase with the bones, the pot containing the skull, and the pan with its contents were retained for evidential purposes whilst the two suspects are detained for further investigation,” the police spokesperson for the region, Francis Gomado, told the Accra-based Starr FM.

“Meanwhile, efforts are underway to trace and apprehend the other accomplices for the appropriate action to be taken and also to send the bones and the skull to the Police Hospital mortuary [in Accra] for preservation, determination, examination, and identification.”

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Entertainment

Guys don’t want to date me because of the Videos I Post On Social Media – Abena Korkor Laments

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Abena Korkor - No Guy Wants To Date Me Because of The Videos I Post On Social Media

No Guy Wants To Date Me Because of The Videos I Post On Social Media – Abena Korkor Cries Out

No Guy Wants To Date Me: Media personality Abena Korkor has been sighted shedding uncontrollable tears for fear that she might not be able to secure for herself a boyfriend.

The TV show host in a video sighted allayed her fears on why she thinks she might not have her own boyfriend.

According to her, a recent video she shared on social media that got netizens talking may end her up as a spinster forever. She admitted that no guy will be willing to have a girlfriend who shares videos of her semi unclad self.

Crying about her fears she disclosed that management of the TV station where she works has decided to put her show on hold.

She assured her fans on social media that she will bounce back even though she has lost one source of income.

Little about Abena Korkor

Abena Korkor was in the news somewhere in 2018 when she accused some media personalities and politicians for taking advantage of her bipolar disorder and had s3x with her.

I never lied nor apologized, those guys did pay me for sex – Nana Abena Korkor Addo

Nana Abena Korkor Addo, a former student of the University of Cape Coast insists her claims that some renowned journalists and politicians slept with her still stands.

In a post on her instagram page, she denied ever apologizing over the claims stating that she never lied about the persons she named as having laid her expressing shock at media reports on the matter.

“They are not false allegations. I can’t live a lie. I can’t live with that I am sorry. A girl is sexually engaged and she has to apologise but the man who engaged her doesn’t. Maybe there should have been no apologies. I can’t live with that. The next time I say something everyone who think I am just crying wolf. No, I can’t live with that. We are all wrong and we all apologise if need be Why should I apologise for my manic episode. Who apologises for malaria, diabetes or hypertension” she wrote on her Instagram wall.

Abena Korkor known by her peers as “Lincy On Fire”, in February 2015 gained similar media attention after she leaked her own nude images and videos on social media for reasons best known to her.

Subsequently, it was gathered that her action was as a result of a condition which she claimed was not known to her and therefore became an advocate for mental health education.

Nothing was ever heard of her until at the weekend when she in series of facebook posts made shocking revelations including her incarceration in the Metropolitan Detention Center, Brooklyn in the United States for 18 months for drug trafficking in 2010 among other claims she had slept with some persons.

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