4% 'Talk tax' reduction in Ghana to take effect today

The four per cent reduction in Communications Service Tax (CST) will take effect from today, September 15, 2020.

A statement from the Ghana Chamber of Telecommunications on Monday the modifications would represent 5% CST charge and would be applied through a tariff adjustment on products and services.

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It added that the Mobile Network Operators would notify customers on the completion of the modification exercise and provide further transparency on the adjusted tariffs of their products and services while offering other relevant information post usage of the services.

The Minister of Finance, Mr Ken Ofori-Atta had at the presentation of the 2020 mid-year budget review in July announced the reduction of the tax from nine per cent to five per cent.

The CST was introduced in 2008 at an ad valorem rate of six per cent. The tax is levied on charges payable by consumers for the use of communication services.