August 15, 2022

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Dr. Ampabeng advocates consolidation of highway taxes into fiscal coverage

2 min read

A Fiscal Coverage Specialist with Oxfam Dr. Alex Ampabeng is advocating for the consolidation of all highway levies into one highway tax.

He believes that the creation of a highway tax may assist generate about 20 million cedis in income for the federal government once a year.

“Scrap all toll cubicles at the roads, scrap all fees with regards to toll levies on the pumps or whilst you cross to DVLA. Rather than it, let’s introduce the street tax. the street tax is for each unmarried highway consumer, now not handiest the one who crosses the toll sales space. As a result of you can be only one meter at the back of the toll sales space and you’ll be subjected to pay the toll sales space however I’m simply in entrance of the toll sales space, we’re plying the similar highway however you’ll now not be requested to pay the toll on the sales space.”

The Finance Minister, Ken Ofori Atta, had within the midyear price range overview discussed the creation of highway tolls on newly built highway initiatives which aren’t funded via the federal government after the sooner scrapping of the coverage.

Dr. Alex Ampabeng is of the view that the creation of a highway tax would make sure that all highway customers are reasonably taxed.

“So for me, there’s no equity in it. Consolidate them into one unmarried cost let’s name it the street tax, for each unmarried highway consumer. How it will paintings, we’ll select to pay it per month or quarterly, or every year. There are two million vehicles in Ghana, despite the fact that it’s  GHS 10 a month, this is 20 million more or less on my projection of 2 hundred vehicles in Ghana. That’s the proper strategy to lift income: that’s the fairer manner of elevating income. And to me, that cash will have to be correctly earmarked. It will have to now not to find itself within the consolidated account the place it can’t be accounted for”.