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I’ll exempt small businesses from taxes; commercial cars from import duties – Mahama

Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has promised to provide some tax reliefs to Small and Medium Enterprises (SMEs) should he be voted into power in the December 7 general elections.

He says his next administration is determined to offer incentives to the business sector to cushion them in a bid to help them expand and create more job opportunities.

The former President announced that from 2021, the reliefs which include tax exemptions and reduction will enable private and public SMEs to recover from the shocks of the COVID-19 pandemic in a bid to expand their scope of production.

Mr. Mahama was speaking at a campaign interaction with the leadership of Organized Labour and professional groups at the Ho Technical University on Wednesday, August 19, 2020, as part of his Volta Regional tour. Mahama also disclosed that his government from 2021 will exempt all other equipment imported into the country for commercial, industry and agricultural purposes from import duties.

He used the occasion to reiterate his campaign message ahead of the official launch of the party’s manifesto.

Source:Fiilafmonline/CitiNews

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