Government has been forced to withdrawn the controversial Luxury Vehicle Tax.
The tax has been described as senseless and a nuisance with some groups especially Vehicle and Assets Dealers Association of Ghana (VADAG) threatening to embark on endless protests if government fails to scrap it in the mid-year budget review.
The group withdrew from the Kum Yen Preko demonstration because of what its General Secretary Clifford Ansu says were persistent calls on the group to take government by its promise to scrap the levy.
Presenting the mid-year budget review today, Finance minister Ken Ofori Atta said government has decided to withdraw the tax.
Even though the name of the tax implies the imposition of a levy on luxury vehicles, it turned out be a tax on poor commercial drivers, sewerage trucks and in some cases old deplorable cars.
The levy featured prominently in the Kum Yen Preko demonstration and has been described as the Achilles heel of the government.
Story by: Sena Nombo/Radiogoldlive.com
