The Vice Presidential Candidate of the ruling New Patriotic Party (NPP), Dr. Matthew Opoku Prempeh has said the next NPP government in 2025 will fulfill it’s pledge to ensuring a friendly business environment for spare parts dealers by repealing all twenty-two taxes and introducing a flat tax rate for businesses to thrive.
Delivering his address during a community connect at Abossey Okai in the Ablekuma Central Municipality of the Greater Accra Region, he stressed on strong desire of the NPP to support and expand businesses and the private sector through a new tax regime by his government, which he said, has been designed to aid businesses and also help the economy grow.
During his tour, he called on the Chief of Abossey Okai, Nii Abossey Okai III, and toured the Abossey Okai business centre in the Ablekuma Central Constituency.
At a gathering made up of businessmen and women, he emphasized Dr. Mahamudu Bawumia's vision of implementing a Flat Tax Rate for importers, which aims to bring predictability and stability to the prices of imported goods.
This initiative, he said, aligns with the NPP's overaching goal of fostering an environment where businesses can thrive.
He said the NDC will have no solution to their problems.
He stressed that to start the new tax system on a clean slate, government will provide a tax amnesty, i.e. "a complete exemption from the payment of taxes for a specified period and the waiving of interest and penalties up to a certain year to individuals and businesses for failures to file taxes in previous years so that everyone will start afresh."
The running mate once again took a swipe at the National Democratic Congress (NDC) and its Presidential Candidate, John Dramani Mahama, questioning their competence to roll out a 24-hour economy.
Dr Opoku Prempeh questioned the practicality of the decision by John Mahama to let nightclubs operate 24 hours a day when he becomes President.
Chairman of the Abossey Okai Spare Parts Dealers Association, Henry Okyere Junior including some party stalwarts, Hon. Egyapa Mercer and Hon. Atta Kyea also spoke.
