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‘VAT increased through backdoor’ – Terkper claims

Former Finance Minister, Seth Terkper, has entreated the public and business community not to rejoice over the 2018 mid-year budget review, arguing that the Value Added Tax (VAT) has been increased through subtle means even though the Minister of Finance Ken Ofori-Atta claims otherwise.“Ghana’s VAT rate is 17.5 percent and that includes NHIL (2.5%)…
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