NPP will not tax pensions and allowances – Bawumia

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sanjay - Abu Dhabi 9 years ago

long live mahama, vote mahama for peace and development

long live mahama, vote mahama for peace and development
sanjay - Abu Dhabi 9 years ago

we need peace not all die be die president, may God collapse npp like cpp, for the well being of mother Ghana, Ameen

we need peace not all die be die president, may God collapse npp like cpp, for the well being of mother Ghana, Ameen
HONESTY 9 years ago

The maths will not add up. Very few people pay taxes anyone, so where is he going to get the balance for all the freebees to the pensioners.

If they worked hard enough, Ghana would not be taxing them after end of service.
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The maths will not add up. Very few people pay taxes anyone, so where is he going to get the balance for all the freebees to the pensioners.

If they worked hard enough, Ghana would not be taxing them after end of service.

This is only an elections ploy to get votes from the oldies half of who never did formal jobs.

I will focus on the teaming youth if I were the other parties.

INDC some countries, even inheritance is taxed. There is nothing free out there, don't be deceived.

Think, believe clever and put in the effort to build a solid nation and stop this privileges nonsense.
Kwaku 9 years ago

The Akpeteshie you took is still working on your brain,why shd the govt still continue to tax workers even when they go on retirement?Can't he expand the tax net?Brainless NDC Fool Soldier

The Akpeteshie you took is still working on your brain,why shd the govt still continue to tax workers even when they go on retirement?Can't he expand the tax net?Brainless NDC Fool Soldier
DB 9 years ago

Honesty, in those countries where inheritance tax and Pensions are taxed they are called "advanced countries" because the systems work. There is nothing free out there but the taxes are used to improve and develop the country ...
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Honesty, in those countries where inheritance tax and Pensions are taxed they are called "advanced countries" because the systems work. There is nothing free out there but the taxes are used to improve and develop the country and they can even afford to give us hand outs to support our budgets. What do you mean by if they worked hard enough Ghana would not be taxing them after end of service? You are just blowing hot air. What has this Government done with the huge tax burden they have put on Ghanaians? That has not even stopped them from borrowing. So what are they using our taxes for?
HONESTY 9 years ago

Yes, I am not ashamed to expose all the bad job done by successive civil servants.

From lands commission to Agriculture Development bank, to Cocobod and not to mention IRS, tell me, who has worked hard and productive.

T ...
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Yes, I am not ashamed to expose all the bad job done by successive civil servants.

From lands commission to Agriculture Development bank, to Cocobod and not to mention IRS, tell me, who has worked hard and productive.

The advanced nations have corrupt souls but majority work hard, content with their salaries and create growth. Hey, they also started like us but worked hard.
ROME WAS NOT BUILT IN A DAY.

YES, Ghanaian workers are lazy, late all the time, unproductive and corrupt.

I don't speak for the government, so direct your question to the various ministries if you want good answers, but I will never stand and watch Nana Addo and his bunch come and make things even harder. Mark my words.
Frank Agyena-Karikari 9 years ago

All Ghanaians pay tax just that the taxes they pay are are not used properly. Any person who buys anything pays VAT. Is VAT not taxation?

All Ghanaians pay tax just that the taxes they pay are are not used properly. Any person who buys anything pays VAT. Is VAT not taxation?
HONESTY 9 years ago

Even if NDC were the perfect govt, VAT alone can not run Ghana. We have import, export, and all kinds of property and employment taxes. Think boy.

Even if NDC were the perfect govt, VAT alone can not run Ghana. We have import, export, and all kinds of property and employment taxes. Think boy.
LAST DON 9 years ago

I am a tall young bared headed man. I have lost the chance of getting a grey hair through a thick cumulous wee smoke I entered during one of my nocturnal visit to a wee smoking old man whom I share a common dream with.

The ...
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I am a tall young bared headed man. I have lost the chance of getting a grey hair through a thick cumulous wee smoke I entered during one of my nocturnal visit to a wee smoking old man whom I share a common dream with.

The wee smoke nearly marred our vision; thank God we were able to get good medical practitioner to provide us with thick lens spectacle equivalent to the bottom of Coca Cola bottle.

I have strong common characteristics with this old man and some uncommon ones too. Consider the following:

We have both lost our fathers ( Mine died peacefully whilst the old man’s father died a criminal.

Our fathers were Politician’s Mine is a honest man in a very prestigious political party whilst the old man’s father was a thief and a traitor in an extremist party.

We all studied economics in school - I hold a doctorate degree in economics whilst the old man has 3rd grade bachelor’s degree.

I have certificates and work experience but the old man has nothing to prove his academic qualification apart from being a minister of state.

The dreams of our fathers are very similar that we shall one day become head of state of Ghana.

I have good experience in money laundering which is clearly manifested during the redenomination exercise of the country currency something in common with the old man’s father. This motivated the old wee smoker to offered me a hand shake to be partners in crime to fight a course of ruling the people at all cost..

The Ganja old man is skilful in narcotics whilst I am skilful in manipulating balance sheets . After much deliberations which I will tell you later; we agreed to run on a ticket of a certain Acid party to loot big time. Since we have all dissipated the resources bequeathed to us by our parents.

I have tried my best by lying much as per the advice of the Ganja old man, I have been to the Mecca to throw a stone at the devil to pave the way for me, However during my stone throwing the devil threw a bigger stone which I had to ran away to save my dear life. The devils stone killed many. I then reviewed my strategy to visit every local mosque. Unfortunately the Ganja old man has caused a sacrilege by easing himself on the mosque “Eeeeeiiiii Opanyin Bon” I shouted Allah will punish you I said.

Little did I know that this act of sacrilege is the doom of our dreams. I am afraid of my Moslem brothers to enter the Christian church too as they have large followers . It is unfortunate that all my efforts have been in vain. I have lied and professed falsely against all credible state institutions just earn some following but all to no avail this is my last chance since I have no other job than the peanut coming from a benevolent Christian pastor. “EGYA M3KA …MEDI NKWASEAS3M” I should have listen to my father and follow his footsteps. WHO AM I ????
Sam 9 years ago

I wonder how a hardcore capitalist like Seth Terkper ever found his way into a social democratic party like the NDC and rose to become finance minister in government.
I predicted three years ago that if any minister will cau ...
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I wonder how a hardcore capitalist like Seth Terkper ever found his way into a social democratic party like the NDC and rose to become finance minister in government.
I predicted three years ago that if any minister will cause the collapse of this government, it will certainly be Seth Terkper. He is still at post anyway.

DR TRUTH 9 years ago

WHAT AN INNOVATIVE SCHEME LIKE A TAX CREDIT FOR COMPANIES WHO WILL EMPLOY FRESH GRADUATES. NANA ALSO SAID TAX RELIEF WILL BE PROVIDED TO COMPANIES WHO EMPLOY UNSKILLED YOUTH AGE BETWEEN 18-24 AND GIVE THEM ON JOB TRAINING IN ...
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WHAT AN INNOVATIVE SCHEME LIKE A TAX CREDIT FOR COMPANIES WHO WILL EMPLOY FRESH GRADUATES. NANA ALSO SAID TAX RELIEF WILL BE PROVIDED TO COMPANIES WHO EMPLOY UNSKILLED YOUTH AGE BETWEEN 18-24 AND GIVE THEM ON JOB TRAINING IN TECHNICAL/ PROFESSIONAL FIELD. BRAVO NPP
JOE 9 years ago

When it comes to promises, NPP has no equal. Free education, free this free that. The Americans will tell you there is no free lunch any where. Coming out to say NPP will not do this, NPP will not do that is no policy. What w ...
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When it comes to promises, NPP has no equal. Free education, free this free that. The Americans will tell you there is no free lunch any where. Coming out to say NPP will not do this, NPP will not do that is no policy. What will you do? We need positive policies not opposites of Govt policies.
sanjay - Abu Dhabi 9 years ago

we wont vote npp again till thy kingdom comes, Ameen

we wont vote npp again till thy kingdom comes, Ameen
Eric, Germany 9 years ago

You and who? Say "I "

You and who? Say "I "
Nana Kofi 9 years ago

say u

say u
Kofi Mensah 9 years ago

But who is taxing pension allowances in Ghana?

But who is taxing pension allowances in Ghana?
Kwaku 9 years ago

Accounting wise(i.e. tax law) pension is not taxed in GH,but criminals NDC want to find a way to tax pensioners.Open you eyes Kofi just look at Fuel Pxs & Electricity bills loaded with plenty huhudious taxes.

Accounting wise(i.e. tax law) pension is not taxed in GH,but criminals NDC want to find a way to tax pensioners.Open you eyes Kofi just look at Fuel Pxs & Electricity bills loaded with plenty huhudious taxes.
kk 9 years ago

look a this one too, Bawumia tweaaa.

look a this one too, Bawumia tweaaa.
Rasp 9 years ago

I am not afraid of paying taxes on my salary and my allowance. That is what the state needs to provide me with my needs as a citizen. My concern is how the money is used.

I am not afraid of paying taxes on my salary and my allowance. That is what the state needs to provide me with my needs as a citizen. My concern is how the money is used.
Kofi Mensah 9 years ago

NPP is setting their own question and answering it, for their uninformed supporters.

NPP is setting their own question and answering it, for their uninformed supporters.

OPANINPA 9 years ago

MR PROMISES IS AT IT AGAIN. BAWUMIA NEVER OPENS HIS MOUTH WITHOUT GIVING MONEY AWAY EITHER RESTORING ALLOWANCES OR ABOLISHING EXISTING TAX REGIMES. WHERE WILL HE GET THE MONEY TO RUN HIS ADMINISTRATION IF NPP EVER GETS ELECTE ...
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MR PROMISES IS AT IT AGAIN. BAWUMIA NEVER OPENS HIS MOUTH WITHOUT GIVING MONEY AWAY EITHER RESTORING ALLOWANCES OR ABOLISHING EXISTING TAX REGIMES. WHERE WILL HE GET THE MONEY TO RUN HIS ADMINISTRATION IF NPP EVER GETS ELECTED? PEOLPE WILL QUICKLY REALISE HE LIED TO THEM TO GET ELECTED.
HONESTY 9 years ago

If you look closely, you would notice their ideas of property owning democracy where the rich and establishment have a free time and everyone else work for peanuts.

Instead of creating jobs for the youth, why don't you tr ...
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If you look closely, you would notice their ideas of property owning democracy where the rich and establishment have a free time and everyone else work for peanuts.

Instead of creating jobs for the youth, why don't you train the youth to create their own jobs.

But hey, that would make you too independent and strong to allow them to abuse you.

He will give tax exemptions to his cronies to employ the youth. Don't believe this lie.

The rich never pass money or profit to the poor who actually generate it until they are forced to.

PLEASE GHANAIANS LEARN TO READ AND RESEARCH AND NO ONE WOULD TAKE US FOR GRANTED.
Sappey-Agboh, Tsiame-Lagbohkope 9 years ago

Liar Bawumia, did you hear or read the government claim that it is government's fiscal policy to tax pensions and allowances? Poor soul. Keep on deceiving your illiterate 'kokoase' followers.

Liar Bawumia, did you hear or read the government claim that it is government's fiscal policy to tax pensions and allowances? Poor soul. Keep on deceiving your illiterate 'kokoase' followers.
Gentleman 9 years ago

Are you a pensioner. Do you even have a job. I'm sure you're a serial caller too. My friend, get a proper job. You are a waste of ......

Are you a pensioner. Do you even have a job. I'm sure you're a serial caller too. My friend, get a proper job. You are a waste of ......
Sethoo 9 years ago

According to NDC definition Serial calling is also classified as work check NDC Green Book.Bawumia is also working abiii !!!!

According to NDC definition Serial calling is also classified as work check NDC Green Book.Bawumia is also working abiii !!!!
linchi 9 years ago

idiot prez called mahama

idiot prez called mahama
Gentleman 9 years ago

Only fools support NDC. Only fools believe NDC promises

Only fools support NDC. Only fools believe NDC promises
Joseph ganyobi 9 years ago

LOOK AT THIS ARABS LOVER BAWUMIA......THE MAKALATA IDIOT....BAWUMIA TO YOUR INFORMATION ARABS ARE THE MOST UNCIVILIZED HUMANS FOOLS ON THE FACE OF THIS EARTH.....GHANAIANS ARE MORE AND MORE CIVILISED THAN YOUR ARAB MASTER'S T ...
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LOOK AT THIS ARABS LOVER BAWUMIA......THE MAKALATA IDIOT....BAWUMIA TO YOUR INFORMATION ARABS ARE THE MOST UNCIVILIZED HUMANS FOOLS ON THE FACE OF THIS EARTH.....GHANAIANS ARE MORE AND MORE CIVILISED THAN YOUR ARAB MASTER'S THE FOOLS
pansy 9 years ago

mia votu ne nnp

mia votu ne nnp
PAULO 9 years ago

We know of the abolishing of slavery,but in 2017,the NPP Dr. Bawumia is coming up with a 21st century abolishing in Ghana, and this one will be the abolishing of tax from hell. The current NDC tax is indirectly killing of the ...
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We know of the abolishing of slavery,but in 2017,the NPP Dr. Bawumia is coming up with a 21st century abolishing in Ghana, and this one will be the abolishing of tax from hell. The current NDC tax is indirectly killing of the poor of our people. Thank you Dr.Bawumia.

me 9 years ago

always looking for opportunity...... I beg.....

always looking for opportunity...... I beg.....
Jerry 9 years ago

Is this idiot of an economist alright in his confused head? Where on earth will pensions will be tax free? Plain stupidity.

Is this idiot of an economist alright in his confused head? Where on earth will pensions will be tax free? Plain stupidity.
Kwame 9 years ago

Pensions are not taxed nor Provident funds that have matured, but allowances and bonuses were taxed even from 2001 to 2009 when Kufuor was the president of Ghana.

Pensions are not taxed nor Provident funds that have matured, but allowances and bonuses were taxed even from 2001 to 2009 when Kufuor was the president of Ghana.
Aboatea 9 years ago

Kwame, the first part of your statement is clear, so is pension income exempt from income tax - just curious for clarification - any takers?
And you appear to suggest that allowances and bonuses are taxable - what are these ...
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Kwame, the first part of your statement is clear, so is pension income exempt from income tax - just curious for clarification - any takers?
And you appear to suggest that allowances and bonuses are taxable - what are these?
I'm amazed at how Dr Bawumia and other Ghanaian politians make sweeping statements eg so if these taxes are abolished, where is the costings and justification for alternative sources of raising income?
I can now see why I'm the midst of abundant resources, Ghana continue to wallow in poverty and saddled with debt.
Incredible!
KPOKU 9 years ago

ABOATEA,

ALLOWANCES AND BONUSES ARE TAXABLE. THESE ARE NOT NEW LAW. PENSIONS ARE TAX EXEMPT AND THE CONSTITUTION EVEN DOESN'T ALLOW THAT. ALSO COMPANIES THAT EMPLOY FRESH GRADUATES HAVE SOME TAX ALLOWANCES (10%-15%)DEPENDI ...
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ABOATEA,

ALLOWANCES AND BONUSES ARE TAXABLE. THESE ARE NOT NEW LAW. PENSIONS ARE TAX EXEMPT AND THE CONSTITUTION EVEN DOESN'T ALLOW THAT. ALSO COMPANIES THAT EMPLOY FRESH GRADUATES HAVE SOME TAX ALLOWANCES (10%-15%)DEPENDING HOW HOW MUCH IS PAID TO THE FRESH GRADUATES. BAWUMIA IS BEHAVING LIKE AN IGNORANT LITERATE. THE TAX LAWS ARE THERE FOR EVERYONE TO READ. IN FACT I LEAST EXPECTED BAWUMIA TO GO SO LOW LIKE THIS. HE IS A SHAME TO ACADEMIA.
K.O. Owusu 9 years ago

pension is not taxable. Look at the 1992 constitution, Article 199 (3).

pension is not taxable. Look at the 1992 constitution, Article 199 (3).
O.K 9 years ago

Is this Bawumia guy really an economics?I for one I dout.Bawumia once deceived Ghanaians that our cedi value is equavallent to the US dollar.

Is this Bawumia guy really an economics?I for one I dout.Bawumia once deceived Ghanaians that our cedi value is equavallent to the US dollar.
Nathan Reddington Rover 9 years ago

Bawa ni3. Lying ni3
Stop playing chacha politics.

Bawa ni3. Lying ni3
Stop playing chacha politics.
Kin 9 years ago

Eeeeeiiiii is dis man truly an intellectual???? How can an intellectual of his caliber be behaving like dos of us on de streets??? So it is because dey don't have any campaign message or it's pure block-headedness?? So in cit ...
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Eeeeeiiiii is dis man truly an intellectual???? How can an intellectual of his caliber be behaving like dos of us on de streets??? So it is because dey don't have any campaign message or it's pure block-headedness?? So in citing certain practices globally has become an implementation of a suppose tax law??? This clearly show dat Dr Bawumia doesn't even read de laws before jumping to mk unguided utterances.....
rene 9 years ago

Npp is jumps to anything in the media. No checks. Govt is not going to tax pensioners. They shd get their facts right.

Npp is jumps to anything in the media. No checks. Govt is not going to tax pensioners. They shd get their facts right.
Yaw 9 years ago

Tax a?lowances not pensions

Tax a?lowances not pensions
Angel Kingsley 9 years ago

Pls Ghanaian believe Dr bawumia becos n.d.c will sell Ghana at de blind side of us. They must go by fair or foul means. Mahama is a bad person

Pls Ghanaian believe Dr bawumia becos n.d.c will sell Ghana at de blind side of us. They must go by fair or foul means. Mahama is a bad person
Paa Joe 9 years ago

Under Bawumia and Nana Ghana will be more than heaven . Ehiiiii Bawumia stop behaving like a quack economist just for politics sake.

Under Bawumia and Nana Ghana will be more than heaven . Ehiiiii Bawumia stop behaving like a quack economist just for politics sake.
Danny 9 years ago

Besides ma brothers and sisters... Never let any political decide ur votes but u rather figa ur life and made ur choose pls... If th administration of NDC is good for u kindly vote for dem but if tins are bad kindly vote for ...
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Besides ma brothers and sisters... Never let any political decide ur votes but u rather figa ur life and made ur choose pls... If th administration of NDC is good for u kindly vote for dem but if tins are bad kindly vote for another party too...No comment pls
PASS 9 years ago

NPP had 8 good years to rule. They saw voltarians as Ghanaians but did nothing good for them.Now that they have identified Voltarians as Togolese,if mistakenly they win power voltarians will be in trouble.Voltarians run away ...
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NPP had 8 good years to rule. They saw voltarians as Ghanaians but did nothing good for them.Now that they have identified Voltarians as Togolese,if mistakenly they win power voltarians will be in trouble.Voltarians run away from trouble.
KPOKU 9 years ago

BAWUMIA SHOULD KNOW BETTER AND STOP MESSING AROUND LIKE AN IGNORANT LITERATE. ALLOWANCES ARE ALREADY TAXABLE EVEN DURING HIS TERM AS DEPUTY GOVERNOR AND THE CONSTITUTION DOES NOT ALLOW PENSIONS TO BE TAXED. HE SHOULD READ TEK ...
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BAWUMIA SHOULD KNOW BETTER AND STOP MESSING AROUND LIKE AN IGNORANT LITERATE. ALLOWANCES ARE ALREADY TAXABLE EVEN DURING HIS TERM AS DEPUTY GOVERNOR AND THE CONSTITUTION DOES NOT ALLOW PENSIONS TO BE TAXED. HE SHOULD READ TEKPER'S INTERVIEW VERY WELL AND STOP POOING POOING AROUND.
KPOKU 9 years ago

“We will reduce the tax burden on our people and businesses so that they can employ more people and introduce a Tax Credit scheme for Companies that employ fresh graduates so that we will increase the employment of fresh gr ...
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“We will reduce the tax burden on our people and businesses so that they can employ more people and introduce a Tax Credit scheme for Companies that employ fresh graduates so that we will increase the employment of fresh graduates,” Dr. Bawumia told students and lecturers of the E.P. College of Education, Amedzofe in the Volta region, Wednesday.

But I can also say that as an incentive to companies to hire recent graduates from recognised tertiary
institutions in Ghana, a deduction from tax on income of between 10% and 50% of the recent graduate’s salary is granted, depending on the percentage of recent graduates employed in relation to the total employees of the company.

BAWUMIA IS A LIAR OR HE DOESN'T THE TAX WELL.
KPOKU 9 years ago

Employment of Graduates
GRA Sixth Schedule Section 8

(1)In calculating a company’s income from conducting a business for a year of assessment, the company is entitled to an additional deduction as provided in subparagra ...
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Employment of Graduates
GRA Sixth Schedule Section 8

(1)In calculating a company’s income from conducting a business for a year of assessment, the company is entitled to an additional deduction as provided in subparagraph (2) for salary and wages paid during the year to fresh graduates from a recognised Ghanaian tertiary institution.

(2)The additional deduction is:
Percentage of Fresh Additional Deduction Graduates in Workforce

Up to 1% 10% of salaries and wages

Above 1%, but not more than 5% 30% of salaries and wages

Above 5% 50% of salaries and wages
only the truth 9 years ago

Bawumia

Bawumia
============= 9 years ago

OH GO AWAY WITH YOUR LIES AND DESPERATION.

OH GO AWAY WITH YOUR LIES AND DESPERATION.
NOBODY 9 years ago

Don't worry about taxing pensions and allowances, for you and your flagbearer Akufo-Addo will be losers again come November. Ghanaians will again refuse to bite your NPP bait of deception.

Don't worry about taxing pensions and allowances, for you and your flagbearer Akufo-Addo will be losers again come November. Ghanaians will again refuse to bite your NPP bait of deception.
Trueman 9 years ago

These sugar coated words will not convince anybody. Where are the Nima sky scrapers both vertical and horizontal promised in 2004? Still waiting.

These sugar coated words will not convince anybody. Where are the Nima sky scrapers both vertical and horizontal promised in 2004? Still waiting.
Nana Kofi 9 years ago

Nana dnt worry u have already won in Christ Jesus name

Nana dnt worry u have already won in Christ Jesus name
Trueman 9 years ago

Catching unto every straw is the most hopeless state of desperation which is reducing you guys into laughingstock.

Catching unto every straw is the most hopeless state of desperation which is reducing you guys into laughingstock.
Kee 9 years ago

Because they don't read and lack innovative ideas to raise money they're showing their ignorance here. If you tax and tax and tax the people till all businesses collapse and petty trading seizes then collect taxes from the sh ...
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Because they don't read and lack innovative ideas to raise money they're showing their ignorance here. If you tax and tax and tax the people till all businesses collapse and petty trading seizes then collect taxes from the shit and urine of NDC foot soldiers because you need money for development. STEALERS. When brainy Alhaji Dr speaks who dare you guys to write such stupid comments. Change is coming fast for Ghana to enjoy real economic freedom.
Koo 9 years ago

Two hot-headed people contesting on the same ticket and but keep loosing since 2008. They will not change their style until they are ditched again.This kind of political radicalism only appeals to the noisy people who have as ...
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Two hot-headed people contesting on the same ticket and but keep loosing since 2008. They will not change their style until they are ditched again.This kind of political radicalism only appeals to the noisy people who have as usual captured the airwaves again. They shout and hear their own voice from afar but in the end their shouts will be drowned by the whispers of the silent majority who are currently watching and smiling.
PETER 9 years ago

So what and what and what and how is your message for Ghanaians. If you don't take taxes how are you going to run a country without borrowing.

So what and what and what and how is your message for Ghanaians. If you don't take taxes how are you going to run a country without borrowing.
Paa Joe 9 years ago

HOW ON EARTH SHOULD GHANAIANS GIVE THEIR VOTES TO A NPP,THAT BROUGHT INTO THE COUNTRY MERCENARIES TO CAUSE CHAOS IN THE COUNTRY.

HAVE GHANAIANS LOST THEIR MEMORY ON THE CRIMINAL ACTIVITIES OF THIS CRIMINAL ORGANISATION.

...
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HOW ON EARTH SHOULD GHANAIANS GIVE THEIR VOTES TO A NPP,THAT BROUGHT INTO THE COUNTRY MERCENARIES TO CAUSE CHAOS IN THE COUNTRY.

HAVE GHANAIANS LOST THEIR MEMORY ON THE CRIMINAL ACTIVITIES OF THIS CRIMINAL ORGANISATION.

NEVER SHOULD NPP THAT INVITED MERCENARIES INTO THE COUNTRY BE GIVEN THE MANADATE TO RULE THE NATION FOR THE NEXT HUNDRED YEARS.

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NPP will not tax pensions and allowances – Bawumia

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