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TUC calls for tax review in 2010 budget

By Kofi Ahovi Ghana Trade Union Congress (TUC) has called on the government to cut down review the tax margins as well as extend the tax-free threshold for the 2010 national budget which will be ready in November this year. This according to TUC is to ease tax burden on workers in the country. In a 23 page proposal document to the government as the union’s input into the 2010 national budget and policy statement titled “regaining sovereign control over development policy-making”, it also called on the government to re-consider reviewing taxes on overtime and some cash allowances since it can lead to over-taxation. Saying, “Taxing cash allowances for fuel at source subject workers to double taxation since workers already pay tax on fuel at the pump stations.” “We do not think Ghana’s tax system is fair, as workers in the formal sector are being overtaxed while even many wealthier people operating in the so-called informal economy do not pay tax. A tax system which allows these wealthy b...