Commercial buses (Trotro) and other vehicles used for commercial purposes are exempted from the levy[/caption] Vehicles with engine capacities of two thousand, nine hundred and fifty (2950) Cubic Centimeters and more will from August 1 pay a newly introduced Luxury Vehicle Levy at the Driver and Vehicle Licensing Authority (DVLA). Payment of the levy is expected to be made on the registration of vehicles and subsequently on or before the annual renewal of the roadworthy certificate. Finance Minister, Ken Ofori Atta announced in Parliament during the 2018 mid-year budget review that government will impose a new tax on luxury vehicle to raise more revenue for the state. A statement from the Ghana Revenue Authority dated July 30, shows that the levy has been approved by Parliament to take effect. “The Parliament of the Republic of Ghana has passed the Luxury Vehicle Levy to impose an annual levy on vehicles with high engine capacities. The implementation of this law takes effect from Wednesday,” it said. The new levy ranges from 1,000 to 2,000 cedis applicable to vehicles with engine capacities of 2950cc-3549cc onwards. The table below provides the detailed levy schedule:
| No. | ENGINE CAPACITY (CC) | Levy (GH¢) |
| 1 | 2950cc – 3549cc | GH¢1,000 |
| 2 | 3550cc – 4049cc | GH¢1,500 |
| 3 | Above 4049cc | GH¢2,000 |