The introduction of this tax invoice in Parliament displays a proactive method to encourage sustainable practices within the transportation sector. If the invoice passes, particular person automobile house owners, together with firms, can be required to pay GH₵100 per automobile yearly, with a further GH₵100 per tonne of carbon dioxide emission for firms.
This initiative aligns with the federal government’s latest choice, outlined within the 2024 funds, to use a zero-VAT price on imported electrical autos.
The authorities’s multifaceted technique goals to create a complete framework that promotes cleaner power options whereas addressing carbon emissions.
Finance Minister Mr. Ofori-Atta had beforehand signaled the federal government’s intention to develop the Environmental Excise Duty to cowl varied sectors.