TUC lobbies for tax waiver for trotro drivers; says they need to save more money

TUC lobbies for tax waiver for trotro drivers; says they need to save more money

- The Trades Union Congress (TUC) is calling for a waiver of the Vehicle Income Tax (VIT) paid by commercial bus drivers and car owners

- This is intended to help soften the financial burden placed on them in the wake of the spread of the COVID-19

- Due to the outbreak of the virus, commercial buses now take fewer passengers than before

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The Trades Union Congress (TUC) is currently in discussions with the government with regard to a possible waiver of the Vehicle Income Tax (VIT) for commercial drivers.

The decision forms part of efforts being implemented to cushion drivers in the wake of the outbreak of the coronavirus.

As part of measures to stem the spread of the COVID-19, commercial car owners and drivers were compelled to reduce the number of people seated on a row of seats by one.

READ ALSO: We have increased growth, reduced unemployment and created jobs - Bawumia

The cumulative effect of the decision is having a financial toll on them and has led to calls for the waiver.

Per a report by thebftonline.com, the TUC explained that “these drivers and their owners have paid the Vehicle Income Tax (VIT) for years. It is time for government to come to their aid during this crisis. Ghana Private Road Transport Union (GPRTU) of Trades Union Congress can play a key role by helping government determine the potential losses and how they should be compensated.”

The VIT is tax paid by commercial transport operators and valued based on the tonnage and number of passengers.

YEN.com.gh earlier reported that the Institute of Energy Security (IES) has predicted a likely rise in fuel prices in Ghana.

This could be the result of a surge in prices of fuel on the international market,

YEN.com.gh has learned. In that respect, the current average pump price could increase from GHC4.01 a litre to GHC5 per litre.

READ ALSO: Bawumia predicts quick economic recovery for Ghana after COVID-19

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Source: YEN.com.gh

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