NDC ESTABLISHED  PROJECTS AND FUNDS CREATED TO BUILD GHANA WHICH HAS BEEN MISUSED BY THE NPP GOVERNMENT

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- VAT - NDC

- GETFUND - NDC

- HERITAGE FUND - NDC

- GIIF - NDC

- ESLA - NDC

- GHANA EXIM BANK - NDC

- GIPC - NDC

- STABILIZATION Fund - NDC

- INFRASTRUCTURE FUND - NDC

- FREE ZONE BOARD- NDC

- GHANA GAS- NDC

- WORLD DATA CENTRE-NDC

- GNPC-NDC

- GHANA BUFFER STOCKS - NDC

All these have collateralized for loans by the useless Npp government and they can’t pay back the loans 

They have even borrowed GNAT funds and have refused to pay back the loan. The NPP should name a single financial buffer they created since 2017.

 TAXES INTRODUCED BY BAWUMIA SINCE 2017

1. 3% VAT flat rate

2. 5% increase in VAT

3. Make GETFUND & NHIL levies, taxes

4. 25% increase in corporate tax

5. 2% Special Import Levy 

6. 1% COVID levy + 3% VAT = 4%

7. 1% COVID levy on 2.5% NHIL levy

8. 5% Fiscal Stabilisation Levy

9. 5% Financial Sector cleanup (collapse banks) recovery levy

10. 1% E-Levy

11. 20p levy on a litre of petrol/diesel

12. 10p borla levy on a litre of petrol/diesel

13. 18p levy on LPG

14. 2.5% increase in VAT

15. Luxury vehicle tax

16. 50% increase in Call Tax

17. 30% increase in the Energy Sector Levy (ESLA)

18. 11% increase in Special Petroleum Tax

19. 200% increase in BOST margin 

20. 40% increase in Price Stabilization & Recovery levy

21. 25% increase in Primary Distribution margin

22. 36% increase in Unified Petroleum Price Fund

23. Road Fund increase

24. 10% withholding tax on betting, lottery, etc

25. 20% increase in tax on betting companies

26. 35% increase in Income Tax

27. 3% & 10% withholding tax on assets & liabilities

28. 25% increase on tax on gifts & gains

29. Profit before tax levy on companies

30. 5% tax on companies declaring losses

31. Tax on motor vehicle benefits

32. 1.75% tax on bank transfers

33. 1.75% tax on remittances (borgo tax)

34. 15% increase in govt fees

35. 35% increase in corporate tax on mining companies

36. 22% corporate tax on hotels

37. Excise duty for owning a car, motorbike, etc

38. 1% stamp tax

39. 35% payroll tax (PAYE) 

40. Customs & Excise duty on sachet water, bottled water, malt drinks, beers, wines, spirits, cigars, plastic products, textiles, etc.

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Dennis Osei

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