The government of Ghana has directed telecommunication networks to hold on with upfront deduction of communications service tax.
The communication ministry in a statement on Friday said the implementation of the tax should be treated like the National health Insurance levy and the GETFUND.
Early this year, the Government announced that it is increasing Communication Service Tax (CST) to nine per cent.
The move, according to the Finance Minister Ken Ofori Atta was to develop the foundation for the creation of a viable technology ecosystem in the country.
“This will comprise amongst others putting in systems to identify and combat cybercrime, protect users of information technology and combat money laundering and other financial crimes,” he said on Monday when he delivered the government’s mid-year fiscal policy review of the 2019 budget statement and economic policy &supplementary estimates.
“The increase will not be earmarked, however, the sharing ratio will be adjusted in such a manner that the national youth employment programmes continue to receive the same proportions as they are currently receiving,” he added.
Source: Daily Mail GH