RADP / Pulse Ghana > news > business

Take advantage of tax cuts - Bawumia urges youth

March 26, 2017 5:24 PM

Dr Bawumia made the call when he addressed the 49th celebration of the birth of Prophet Mohammed, an event organized annually by the Tijaniyyah Muslims and the entire Muslim community in Ghana.

___6430913___https:______static.pulse.com.gh___webservice___escenic___binary___6430913___2017___3___26___19___thumb

Vice President Dr Mahamadu Bawumia is urging the youth to take advantage of the recent tax cuts announced by the government, saying it is a means to free up the private sector to realised its full potential.

He stressed the government's commitment to create a business-friendly environment to ensure what he calls "self-enterprise."

"You saw that we abolished VAT on real estate, abolished VAT on airline ticket, we abolished the one percent import levy, so many taxes were abolished and this is to allow businesses to flourish and grow," he said. "I challenge the youth to take advantage of this significant opportunity and venture into entrepreneurship."

He added:“Ghana is entering into a Golden Age of business and this environment, self-enterprise and innovation, is the future."