What is the cost and benefit? Is the overall impact on the economy positive? It’s also time to reassess the changes making NHIL and GET Fund elements levies. Principles are principles! It is time to correct the disregard for principles and apply the VAT principles as intended by the law. Of the total VAT of GHS 110.85, GHS 13.61 came from charging VAT on CST, GETFL, NHIL!If you aggregate the taxes taken each month across the country, that is a significant amount of money to take for no value added! SO, IF IT IS A VAT SYSTEM, WHAT IS THE VALUE ADDED BY COMMUNICATION SERVICE TAX, GET FUND AND NHIL LEVIES? Here’s the original invoice as itemized by a telco I usewith an extension to calculate the VAT on each tax type. So, I investigated how much extra tax the government has taken from me in that manner. Many of the commentators noted that the telecommunications companies calculate VAT on Communication Service Tax (CST), GET Fund Levy (GETFL) and the National Health Insurance Levy (NHIL).

The post hit a nerve – concerns about the amount of tax and the workings of the VAT system. My post VAT has generated over 11,900 views.

What is cst