Minority walks out of Parliament over VAT amendment debate

Posted on November 18, 2013November 18, 2013
by Nana Kwesi Coomson
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The Minority in Parliament has walked out of Parliament over a VAT amendment debate.

The caucus was furious over a 2.5 % increment in the Value Added Tax (VAT).

VAT is currently 12.5% with a national health insurance levy component of 2.5% summing up to 15%.

The 2.5 % increment being considered by parliament, on the VAT component, will therefore increase the total to 17.5%.

In Parliament Friday, the Minority accused the Majority of attempting to smuggle the 2.5 % increment into the statutes.

After and heated back-and-forth argument on the floor between the two sides, the Osei Kyei Mensah-Bonsu-led Minority decided to storm out of Parliament over the matter.

-Radioxyzonline.com/Ghana

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ABOUT: Nana Kwesi Coomson

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An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

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