John Abdulai Jinapor Exposes Plan Of Akufo-Addo/Bawumia Govt To Impose VAT On Residential Electricity Consumers
He noted that it must be made abundantly clear that residential usage of electricity has always been considered a social good and has always been exempted from VAT.
Freeman Koryekpor 
RANKING Member of Mines and Energy Committee, Honourable John Abu Jinapor, has stated that the Akufo-Addo/ Bawumia led New Patriotic Party (NPP) government has taken taxation to another level by deciding to charge Value Added Tax (VAT) on residential electricity consumption.
He noted that it must be made abundantly clear that residential usage of electricity has always been considered a social good and has always been exempted from VAT.
In the wake of the ever increasing economic hardships, he said the government through the Ghana Revenue Authority (GRA), has directed all electricity and power-producing companies to apply the GETFund Levy of 2.5%, NHIL 2.5% and VAT rate of 12.5% on the value of the energy they supply to residential consumers.
This, according to him, can be classified as a fresh tax that will add extra burden to consumers.
"By this, consumers must prepare to pay more for the electricity they consume in the coming days. Without any shred of doubt, the introduction of this new tax has been occasioned by the IMF conditions imposed on Ghana," he said.
