Ride-hailing Drivers Protest Ghana’s New Tax
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Description
Ghana’s drivers push back against a new tax on commercial vehicles. The country’s revenue authority is set to implement a Vehicle Income Tax, slated to launch in January 2024, requiring...
show moreThe country’s revenue authority is set to implement a Vehicle Income Tax, slated to launch in January 2024, requiring drivers to pay quarterly taxes based on their earnings.
Ride-hailing vehicles fall under “Class A” and will pay 12 Ghana cedis quarterly, totalling 48 GHC annually. Also, ride-hailing companies like Uber, Bolt, and Yango will need to verify drivers’ VIT compliance before allowing them on the platform.
Drivers say the proposed VIT will put a strain on their already-burdened incomes, asserting that the tax should be paid by ride-hailing companies rather than individual drivers.
The drivers accused ride-hailing companies of lowering trip fares despite consistent increases in fuel prices, negatively impacting their earnings.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
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