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Demonstration in opposition to luxurious vehicle tax postponed to March 7

The proposed demonstration by six corporations in opposition to the luxurious vehicle tax these days (Tuesday, February 19) has been postponed to March 7, this yr.

About 2,000 costly automobiles proprietors have been predicted to take part within the demonstration by way of using their automobiles to the premises of the Ministry of Finance, Parliament House and the Golden Jubilee House.

The demonstration changed into scheduled to begin at eight am from the Obra Spot through Kwame Nkrumah Avenue to Farisco Traffic light thru to TUC earlier than using to the premises of the stated establishments.

The six companies are Vehicle and Asset Dealers Association of Ghana (VADAG), National Concerned Spare Parts Dealers Association, True Drivers Union, Concerned Drivers Association, Ghana Committed Drivers Association and Chamber of Petroleum Consumers.

The Chairman of the institution, Mr Eric K. Boateng who confirmed the cancellation of the demonstration to Graphic Online stated the cancellation was arrived at following a meeting with the police.

He explained that the police counseled that due to the large number of cars taking part in the demonstration, it’s going to motive vehicular visitors in the capital, subsequently the need to restructure their plan.

He, however, said the management of the institution met on Monday, February 18, 2019, to discuss the way forward and they agreed that on March 7, the demonstration may be accomplished across all of the nearby capitals wherein they will present their petitions to the diverse Regional Coordinating Councils.

Mr Boateng, who is also the Chairman of VADAG, stated the luxury automobile tax changed into collapsing their companies as human beings aren’t any greater shopping for the automobiles and those offered already are being lower back.

“Those we’ve got offered to them are returning them (the vehicles),” he stated, including that “We will visit take our independence from Ken Ofori Attah.”

According to him, many people buy vehicles with such engine capacity because of the terrible roads in the united states of america.

Mr Boateng questioned why authorities will logo cars with engine sizes of 3.Zero and above as luxury without contemplating different additives of the cars.

He stated the sort of tax “has never happened in our history before and that is why we also want to try this ancient demonstration in opposition to the government.”

In July 2018, the Minister of Finance, Mr Ken Ofori Atta inside the mid-year price range overview announced the imposition of a luxurious car import tax as part of a new policy to assist raise more sales.

He stated the tax could be imposed on luxurious automobiles with the potential of 3.Zero litres and above.

The implementation of the luxurious automobile regulation started August 1 after Parliament passed it to impose an annual levy on cars with high engine capacities after it become proposed with the aid of the authorities.

With the approval of the legislators for its implementation, vehicles with engine potential of 2950 to 3549 Cubic Centimetres have been required to pay a levy of GH¢1,000, whilst those with engines among three,550 to 4049 cubic centimetres could pay GH¢1,500.

Vehicles with engine capacities above 4049cc have been also obliged to pay GH¢2,000.

The levy would be paid by the automobile owner at the registration of the vehicle and finally on or before the yearly renewal of the roadworthy certificates each 12 months to the DVLA, the body authorized by way of regulation to acquire the levy on behalf of the authorities.

Although the levy has been imposed on vehicles with the listed cubic centimetres present prior to the passage of the regulation, exempt from the levy are automobiles which includes tractors; ambulances; business automobiles that have the capacity to move greater than 10 individuals, business automobiles for the shipping of goods among others.

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