The Ghana Hoteliers Association is urging the government to merge the Value Added Tax (VAT), National Health Insurance Levy (NHIL), and GETFund levy into a single tax to ease the financial strain on the hospitality sector.
The association argues that the current tax structure, coupled with rising inflation, exchange rate fluctuations, and increasing utility costs, is crippling hotel businesses.
With the 2025 budget presentation approaching, industry stakeholders are calling on policymakers to implement reforms that support the sector’s sustainability and growth.
President of the Ghana Hoteliers Association, Dr. Edward Ackah-Nyamike, highlighted the urgency of tax consolidation.
“We want to see something on taxes and levies hopefully reduced and some taken out, as promised by the government. We have been pushing for a consolidation of the taxes so that, for the hotel industry, we will have one tax that consolidates VAT, GETFund, NHIL, and all that,” he told Citi Business News.
The hospitality sector remains a key contributor to Ghana’s economy, and stakeholders believe that tax reform could help businesses thrive amid ongoing economic challenges.