Sentences with phrase «sector levy»

But speaking on Citi TV's Politicos to Citi News» Umaru Sanda Amadu, Mr. Kwetey maintained that, government had run away from its promises to remove or review more impactful taxes, like the energy sector levy, or the reduction in corporate income tax as promised ahead of the 2016 elections.

The Minority side in Parliament is alleging that the governing New Patriotic Party (NPP) is planning to raise a bond of $ 2.4 billion bond using the energy sector levy as collateral for a period of 15 years.

The energy sector levy introduced by government has triggered an almost 30 percent increase in the price of petroleum products since January 1.

Other Ghanaians expecting government's proposed one million dollar per constituency, one - village one - dam, One - District One - Factory, DKM customers, the scrapping of energy sector levy, reduction in electricity tariff and transport fares, reduction in Corporate tax from 25 % to 20 %, and 3 % Special import levy among others have also been pushing government to kick start the processes leading to their implementation.

He said Parliament had expected no increase in fuel prices at all or even if there will be, it will be marginal due to the introduction of the energy sector levy introduced by the executive under a certificate of urgency.

The intent of the Bill, according to government sources was to restructure, renationalize and consolidate energy sector levies to promote the prudent and efficient utilization of proceeds derived from the levies to facilitate sustainable long term investments in the energy sector.

Inflation, which remains still high at 19.2 percent in March 2016, is being affected by the increase in utility tariffs, energy sector levies and transportation costs, but core inflation has started to decline in recent months.»

«Beyond that, labour also took a position on the newly introduced energy sector levies.

Although he could not give the quantum of debts owed by the companies, he said the were being consolidated to enable the government to clear them within a period of three to five years from collections from energy sector levies.

The Deputy Minister of Power, John Jinapor has challenged president - elect, Nana Akufo - Addo to ensure that he fulfills his promise of scrapping energy sector levies in the country.

«We wish to entreat our colleagues on the other side that on Thursday when the budget is presented by the Minister of Finance, we shall keenly monitor to ensure that the energy sector levies and the VAT which they promised are scrapped or not.

A demonstration by COPEC and the Industrial and Commercial Workers Union (ICU) against the tax and other petroleum sector levies brought to the fore need to change the SPT from a percentage of the ex-depot price to a specific amount.

Nana Addo prior to the December 7 polls assured to scrap what he described as killer and nuisance taxes including the energy sector levies if Ghanaians voted for him.

Not exact matches

Some countries have indeed deregulated their dairy sectors by levying taxes on dairy products to pay off farmers.

Mr Dawson also blamed the resources industry for poaching skilled staff from the construction sector; he has continued to argue the resources sector should also pay the construction levy to help fund apprentice training.

Instead of financing Social Security and Medicare out of progressive taxes levied on the highest income brackets — mainly the FIRE sector — the dream of privatizing these entitlement programs is to turn this tax surplus over to financial managers to bid up stock and bond prices, much as pension - fund capitalism did from the 1960s onward.

Several analysts have warned of a dire impact on the oil and gas sector if the proposed border adjustment levy was enacted.

The Agriculture and Horticulture Development Board (AHDB) is an evidence - based levy board with a pivotal role to make the industry sectors they support more competitive and sustainable.

He said some of the levy was going to go to the Road Fund to pay arrears of contractors and also invest in the road sector.

«Underpinned by the recently introduced petroleum and electricity levies, a strategy is being developed to address the difficult financial situation of the state - owned enterprises (SOEs) in the energy sector.

Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.

We've done it in Westchester by not raising the tax levy for six straight years, lowering the budget to below what it was in 2010, and installing pro-growth policies that have helped create almost 40,000 new private sector jobs in our county.»

The NHIS is currently financed by pooled contribution from a Value Added Tax of 2.5 % earmarked National Health Insurance Levy and other sources including social security, contribution from formal sector workers, insurance premium etc..

«The Government has demonstrated a good grasp of the requirements of advanced manufacturing sectors like aerospace as some details of the operation of the Apprenticeship Levy were announced today.

Large public sector trade unions the GMB and PCS fail to advertise on their membership forms that subscription fees include an optional levy let alone giving them the right to opt - in or opt - out of paying.

This year, the non-homestead sector, which comprises 33 percent of total taxable assessed value in the city, took on 45.8 percent of the levy.

Each year the Kingston Common Council determines what portion of the total tax levy will be borne by each sector.

He is expected to announce plans to force public sector workers to dramatically increase their contributions under a «pension levy» if they want to maintain their current rights.

According to him the levy will be needed to «extinguish» the web of debt in the energy sector.

While business taxes were given some respite in Osborne's «tough but fair» emergency budget, the banking sector was slugged with a much - anticipated levy.

«If we stay on this course we are going off a cliff,» said Suffolk Executive Steve Levy, who backs fundamental changes to the state's pension system, including a move to 401 (k)- style programs similar to those in the private sector.

As indicated in the Mid-Year Fiscal Policy Review, Mr Ofori - Atta said government planned to restructure the debt of the energy sector SOEs by leveraging the Energy Debt Recovery Levy component of the ESLA.

The BBC reported: «Bank shares saw some of the biggest gains, on hopes that the sector will not see any further rises in levies.

«As many New Yorkers know, I have spent the past ten years working in the private sector, paying the ever increasing taxes the Albany crowd have levied on the citizens of this state.

He also announced measures to help economic recovery, including a public sector pay freeze, a levy on bank bonuses and a package of measures to help the unemployed.

But its main conclusion is that the Chancellor is paving the way for a levy on public sector pensions.

Senior administrators at the school noticed that the DEP had levied penalties on private - sector companies in the area.

The Apprenticeship Levy is another major factor the sector must consider as many FE providers experience continued instability.

A large proportion of the health sector have been calling for such a levy for a number of years, with TV chef Jamie Oliver, who set up a similar levy in his restaurants, gaining over 150,000 signatures in an e-petition campaigning for action on sugary drinks.

Most academies and local authority maintained schools are impacted by the apprenticeship levy and public sector apprenticeship target, but many are unclear of how to access apprenticeship levy funds available to them.

Large academy chains, exam boards and other education sector charities will have to pay the new apprenticeship levy, the government has confirmed.

If their predictions are correct, the levy will affect certain large academy chains and sector organisations with charitable status such as exam boards.

Yet Slater revealed he did not lobby for schools to be kept out of the apprenticeship levy because he sees it as an «opportunity» for greater training in the sector.

The public sector apprenticeship target was introduced in tandem with the apprenticeship levy, which forces schools and trusts with a payroll of over # 3 million to pay a 0.5 - per - cent tax into a central pot each year.

Harold O. Levy, a former New York City schools chancellor and founder of Kaplan's online master's of education program, said Stanford's involvement in this sector could be a watershed.

Popular sector ETFs disclose that they pay 0.03 % each year on all assets up to $ 50 billion, with a 0.02 % annual fee levied on each dollar of AUM beyond the $ 50 billion mark.

The Levy Economics Institute research claimed that student loan debt hurts the U.S. economy in a variety of ways, including crimping small business formation and damaging the housing sector with reduced home buying.

Frontenac Company works with proven industry executives to grow successful mid-sized companies, and the Chicago - based investment firm has a long track record in the food sector, including investments in Alfalfa's Market, Chipotle, Health Valley Foods, Levy Restaurants, Mercer Foods, and Wenner Bread Products among others.

Jean - Bernard Levy, chairman of the management board and CEO of Vivendi stated: «This alliance is a major strategic step for Vivendi and is another illustration of our drive to extend our presence in the entertainment sector.

Levying a cost on putting greenhouse gases in the air will accelerate the private - sector development and use of technologies that avoid and minimize greenhouse gas emissions.