By:
Fred Yaw Sarpong
Ministry
of Finance has stated that the government has not introduced any new tax for
casual or temporary workers in the country, especially for those working in oil
and gas, mining and other companies.
According
to the Ministry, the 5% tax which casual and temporary workers are require to pay
is not a new tax but it’s rather an existing tax.
The
Ministry said under the repealed tax Act (2000), Act 592 wages of casual and
temporary workers, especially for those in oil and gas, mining and other
companies are required to pay 5% tax.
A
statement from the Ministry said the current 5% tax replaced the existing 15%
or 7.5% casual or temporary tax.
“For
the avoidance of doubt, the 5% in the Regulation L.I 2244 is therefore a
reduction in rate and not a new tax on casual and temporary employees,” the
statement said.
The
Ministry issued the statement to settles the anxiety that some sections of the
public have expressed concerning the implementation of the 5% tax for casual
labour.
The
Ministry said there was agitation from the public especially casual workers or
temporary in oil and gas, mining and other companies thinking that a new tax
has been introduced.
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