The government is proposing a new tax on petroleum products following the 2021 budget.<\/p>\n\n\n\n
This new tax, the Sanitation and Pollution Levy, is to fund efforts to fund investment in the areas of sanitation and pollution.<\/p>\n\n\n\n
The levy is for 10 pesewas on the price per litre of petrol\/diesel under the Energy Sector Levies Act (ESLA).<\/p>\n\n\n\n
If the proposal is accepted, Ghanaians will see further increases in petroleum prices at the pump.<\/p>\n\n\n\n
In the 2021 budget, the caretaker Minister for Finance, Osei Kyei-Mensah-Bonsu, outlined \u201ccritical investments that have to be made for the benefit and dignity of all Ghanaians\u201d.<\/p>\n\n\n\n
Among others, the government wants to support fumigation of public spaces, schools, health centres and markets; revamp or reconstruct poorly managed landfill facilities; and construct more waste treatment plants both solid and liquid in selected locations across the country.<\/p>\n\n\n\n
\u201cThese will ensure sustainable sanitation management, improve the quality of life and reduce the number of deaths and diseases from poor sanitation,\u201d the caretaker Minister for Finance said.<\/p>\n\n\n\n
The government wants to use the funds from the levy to:<\/strong><\/p>\n\n\n\n The other proposed tax in the budget is the COVID-19 Health Levy of one percent on VAT Flat Rate Scheme and one percent on the National Health Insurance Levy (NHIL) as part of revenue measures to help the economy recover from the effects of the coronavirus pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":" The government is proposing a new tax on petroleum products following the 2021 budget. This new tax, the Sanitation and Pollution Levy, is to fund efforts to fund investment in the areas of sanitation and pollution. The levy is for 10 pesewas on the price per litre of petrol\/diesel under the Energy Sector Levies Act […]<\/p>\n","protected":false},"author":2,"featured_media":15076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-18490","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\n