Transport Fares: Section Of Drivers To Raise Prices By 30% From January 22

• Some drivers plan to raise transport fares by 30 percent from January 22, 2024, because of the increased cost of operations
• The drivers planning to increase fares are under the umbrella of Commercial Transport Operators of Ghana
• The group, in a statement, said the increase is a result of the rise in the costs of lubricants and spare parts

Some drivers plan to raise transport fares by 30 percent from January 22, 2024.

The drivers preparing to increase fares are under the umbrella of Commercial Transport Operators of Ghana.

The group said in a statement that the increase results from increased costs of lubricants and spare parts.

It also cited an increase in DVLA service charges, which it said affects its members.

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"Furthermore, our welfare has been significantly impacted by higher taxes imposed on the sector," it added.

The Commercial Transport Operators of Ghana threatened a further 30 percent increase if Parliament passes the Emission Levy Bill.

GPRTU threatens to increase transport fares because of new levy

The Ghana Private Road Transport Union (GPRTU) has threatened a 60 percent hike in transport fares.

The threat is in response to the Emission Levy Bill, which takes effect in January 2024.

The Emissions Levy Bill imposes an annual charge of 100 cedis on all owners of petrol and diesel cars

Uber, Bolt car owners to pay new vehicle income tax

The Ghana Revenue Authority issued a notification to ride-hailing vehicle owners regarding the implementation of a new tax policy.

Ride-hailing car owners on platforms like Uber must now pay a Vehicle Income Tax from January 1, 2024.

The Ghana Revenue Authority released a statement with guidelines for ride-hailing companies and users to adhere to.

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GRA to begin charging 10% tax on lottery winnings after grace period

YEN.com.gh reported separately that the Ghana Revenue Authority will begin implementing the 10% withholding tax on the gross winnings of lotteries in January 2024.

National Lottery Authority and Private Lotto Operators were granted a six-month extension.

The Ghana Revenue Authority began implementing a 10% withholding tax on all gross gaming winnings on August 15, 2023.

Source: YEN.com.gh