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You are at:Home»Business»We’ll exempt new small businesses from corporate and personal income tax for the first two years after their incorporation – Mahama
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We’ll exempt new small businesses from corporate and personal income tax for the first two years after their incorporation – Mahama

Ghana ElectionBy Ghana ElectionAugust 25, 2024No Comments1 Min Read
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We’ll exempt new small businesses from corporate and personal income tax for the first two years after their incorporation – Mahama
John Mahama — NDC Flag bearer
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Flagbearer of the National Democratic Congress (NDC) John Dramani Mahama has said that the NDC will exempt new small businesses from corporate and personal income tax for the first two years after their incorporation.

He also says they will review Customs (Amendment) Act, 2020 (Act 1014) to scrap the ban on importation of salvaged vehicles.

He said these while launching the NDC manifesto on Saturday, August 24 at Winneba.

Below is a list of the NDC’s other plans for business development…

Save the local automotive industries—Suame Magazine, Kokompe, Abossey Okai.

Support the redevelopment of the Abossey Okai, Suame, Kokompe and Cape Coast Artisanal enclaves.

Implement a ‘Made in Ghana Agenda’ for production and consumption of Made-in-Ghana goods.

Launch an “Export Ghana Policy” (AfCFTA & other external trade programmes).

Enhance the role of Ghana EXIM Bank in financing non-traditional exports.

Mo-Ne-Yo Pension Scheme for informal sector workers.

Commercial drivers and motorcyclists (Okada).

Small scale miners, farmers, fishermen, traders, market women.

 

Source: 3news.com

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