The Ghana Hoteliers Association is pushing for the consolidation of multiple taxes—including the National Health Insurance Levy (NHIL), VAT, and the GETFund levy—into a single tax for the hospitality sector.
According to the Association, the current tax structure, coupled with high inflation, exchange rate volatility, and rising utility costs, is placing immense strain on hotel businesses.
As the government prepares to present the 2025 budget, industry players are urging policymakers to address these challenges to ensure the sector’s sustainability and growth.
Speaking to Citi Business News, the President of the Ghana Hoteliers Association, Dr. Edward Ackah-Nyamike, emphasized the need for urgent reforms.
“We have made our points very clear over the years, so we want to see something on taxes and levies hopefully reduced and some taken out, as promised by the government. We also want to see measures in place to deal with the economic environment that affects our business, like inflation, foreign exchange, and utility tariffs as well.
“If any of these things are dealt with in a manner that will show some positive signs that will allow our business to flourish, why not… we will be very happy. 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 said.
The hospitality industry remains a vital contributor to Ghana’s economy, and stakeholders believe that tax reform will help businesses thrive despite the current economic challenges.
