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Tag Archives: Electricity

Gov’t Finally Suspends Implementation Of 15% VAT On Electricity

The planned implementation of the 15 percent Value Added Tax (VAT) on domestic consumption of electricity has been suspended officially by the government. Both the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCO) have thus been directed by the Ministry of Finance to put the charging …

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Govt Charging VAT On Electricity From January 1

The government requested the Ghana Revenue Authority (GRA) to liaise with the two power distribution companies to transfer Value Added Tax (VAT) generated from consumers who have exceeded their lifeline power consumption. In a press release, Finance Minister, Ken Ofori-Atta directed that the Electricity Company of Ghana (ECG) and the …

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Electricity, Water Tariffs To Go Up Again On September 1, 2023 – PURC

The Public Utilities Regulatory Commission (PURC) has announced an increase in electricity and water tariffs by 4.22 % and 1.18% respectively, effective September 1, 2023. This comes on the back of a conclusion of regulatory process for the quarterly adjustment of tariff by the PURC. The quarterly tariff review mechanism …

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Covid-19 Levy Not To Pay For Free Water, Electricity Of 2020 – MoF

The Ministry of Finance has dismissed reports that Covid-19 levy is to be used in paying for free water and electricity of 2020. This comes after Information Minister, Kojo Oppong Nkrumah had earlier said that the proposed new taxes are to help offset the gap created as a result of …

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2021 Budget: Government Extends Free Water, Electricity For Lifeline Consumers

  Government has extended its free water and electricity for lifeline consumers to June 2021, caretaker Minister for Finance, Osei Kyei-Mensah-Bonsu, on Friday announced.     Presenting the 2021 budget statement and economic policies of government in Parliament on the theme: “Completion, Consolidation and Continuation”, Kyei-Mensah-Bonsu said the decision to …

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