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Bagging only GHC25m from ‘ill-advised’ luxury car tax means it must go – Mahama

Former President John Mahama has said he will scrap the luxury car tax imposed by the Akufo-Addo government, should he win the 2020 general elections.

The “ill-conceived” tax, he said, has brought untold hardship to commercial drivers and their business, thus, his aim to let it go.

During his pre-Easter Walkabout in some major bus terminals in Accra, such as Tudu, Kwame Nkrumah Circle and Kaneshie, the flag bearer of the main opposition National Democratic Congress (NDC) said: “Not too long ago, the government introduced the luxury vehicle tax.

“This tax was not well-thought through before it was rolled out. They should have exempted all commercial vehicles”, he told the drivers.

Mr Maham explained that: “There are commercial vehicles without the yellow plates, but rather white plates, yet they carry commercial goods”, so, “Once they exceed three litres, they are charged this luxury tax”, adding: “This has brought untold hardship on some of the drivers, especially those who work for the companies and others”.

“Just recently”, he said, “I heard that the government has only been able to raise GHS25 million from the luxury tax. If that is the case, then they should abolish it. If they don’t, we the NDC government will abolish it when we come into power,” he added.

The luxury car tax was introduced in the middle of 2018 through the mid-year budget. It was projected to bag about GHS104 million by the end of December last year. The tax affects all vehicles with engine capacities of 2.9 litres and above. It is projected to rake in GHS300 million by the end of 2019.

 

Source: classfmonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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