Excessive tax components on spare parts hampering our business – GPRTU

0
66
Advertisement

The Ghana Private Road and Transport Union (GPRTU) has lamented over the numerous tax components on spare parts, which are adversely affecting its members’ business.

The GPRTU observed that commercial drivers are suffering greatly because of the recent increase in spare parts and other vehicle accessories.

The Union also lamented the delay in the enforcement of the proposed transport fare increment, as commercial drivers are overburdened with taxes.

Thus, the GPRTU’s General Secretary, Godfred Abulbire, is calling for an instant increase in transport fares.

“Last year [2023], there were serious tax components that had affected all the spare parts, and the cost of spare parts has gone extremely up. Just this year, we had a direct correspondence from the Ghana Revenue Authority (GRA) that they have revised all their taxes on commercial cars, taking effect in January. And whether we like it or not, all commercial cars will pay,” Godfred Abulbire said.

All owners of petrol and diesel vehicles would be required to pay an annual levy of GHC100 as of January 2024, according to the recently passed Emissions Levy Bill by Parliament.

Through this tax, the government hopes to encourage using ecologically friendly energy sources for vehicle power, in line with its commitment to carbon offset programmes and climate-positive efforts.

The GPRTU has petitioned the Speaker of Parliament to review the Emission Levy Bill in light of these developments.

RELATED ARTICLE: