The tax measure, which was passed by parliament in December 2023, seeks to impose a levy on carbon dioxide equivalent emissions on internal combustion engine vehicles.
The levy forms part of government efforts aimed at tackling greenhouse gas emissions while promoting environmental and eco-friendly technologies to achieve net zero targets.
Now, all is set for the Ghana Revenue Authority to begin the collection of the levy, which will see vehicle owners pay a variety of sums depending on the type of vehicle they use and its engine capacity.
For instance, users of motorcycles and tricycles are required to pay GH¢75 per annum for the levy.
Motor vehicles, buses, and coaches which are up to 3000 cc will pay GH¢150 per annum, while motor vehicles, buses, and coaches above 3000 cc, cargo trucks, and articulated trucks will pay GH¢300 per annum.
See the list below as published by the GRA
• Motorcycles & tricycles – GH¢75 per annum
• Motor vehicles, buses, and coaches up to 3000 cc – GH¢150 per annum
• (i) Motor vehicles, buses, and coaches above 3000 cc – GH¢300 per annum
(ii) Cargo trucks and articulated trucks – GH¢300 per annum