Posts Tagged ‘fuel tax’

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Encouraging motorists to trade in their petrol cars for diesel vehicles was one of the last Labour government’s biggest environmental mistakes.

Low gas prices have rekindled talk on Capitol Hill about raising the federal gas tax to eliminate huge annual deficits in the federal Highway Trust Fund that pays for road and bridge work around the country.

China’s finance and taxation authorities on Monday announced that consumption tax on oil products would be raised from Tuesday.

The government is seeking to raise about GH¢1.4 billion from the 17.5 per cent tax on petroleum products imposed in the latter part of last year, a Senior Tax Policy Advisor at the Ministry of Finance has disclosed.

China will raise taxes on oil products from Saturday, the second increase in a month.

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