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Ghanaian Times

Tue, 5 Jan 1999 Source: --

The Ghanaian Times in a front page story headlined "Tamale businesses face problems with VAT," says a random survey it conducted in Tamale indicated that some business enterprises which have registered to charge the Value Added Tax (VAT), still need education on the mechanism of the new tax system. The paper quotes the acting manager of the local Kingsway Store, Mr Achel as saying that even though they had registered, they did not understand the mechanism for calculating the new tax. Consequently, they are waiting for the VAT secretariat for such education before collecting the tax. The Times says four other retail shops also expressed similar sentiments. It however, says that workers at XiXido Enterprise (My Shop), indicated that things were under control since they knew the mechanism for working the VAT. GRi

The Ghanaian Times in a front page story headlined "Tamale businesses face problems with VAT," says a random survey it conducted in Tamale indicated that some business enterprises which have registered to charge the Value Added Tax (VAT), still need education on the mechanism of the new tax system. The paper quotes the acting manager of the local Kingsway Store, Mr Achel as saying that even though they had registered, they did not understand the mechanism for calculating the new tax. Consequently, they are waiting for the VAT secretariat for such education before collecting the tax. The Times says four other retail shops also expressed similar sentiments. It however, says that workers at XiXido Enterprise (My Shop), indicated that things were under control since they knew the mechanism for working the VAT. GRi In another front page story, the Times reports that passengers of two vehicles who escaped death after an accident at the New Times Corporation traffic lights in Accra, ended up fighting each other in the middle of the road. According to the paper, about 12 passengers from the two vehicles, a "tro tro" L.T. Benz bus and a Toyota Corona taxi involoved in the accident, decided to defend their drivers. Each group accusing the other driver of reckless driving. The Times says for 45 minutes, the passengers held up traffic, preventing other road users from continuing their journey. The paper says it took other motorists and pedestrians a hectic time to stop the fighting which the two drivers had also joined in. GRi

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