07 August 2018 Ghana enacts Luxury Vehicle Levy Act The Parliament of Ghana has passed the Luxury Vehicle Act, 2018 (Act 969). The Act was assented to by the President on 31 July 2018 and gazetted on 1 August 2018. It came into force on 1 August 2018. This Alert summarizes the key provisions of this law. The levy is imposed on motor vehicles with the following engine capacity: ENGINE CAPACITY (CC) | LEVY (GHS) | 2950cc - 3549cc | 1,000.00 | 3550cc - 4049cc | 1,500.00 | 4050cc and above | 2,000.00 | Persons liable to pay the levy The levy is payable by owners of motor vehicles on the date of the first registration and subsequently upon renewal of the annual roadworthy certificate of the motor vehicle. The levy is also payable on existing motor vehicles registered prior to the Act coming into force. The levy shall not be applicable to the following categories of motor vehicles: - Tractors
- Ambulances
- Commercial vehicles that have the capacity to transport more than ten persons
- Commercial vehicles for the transportation of goods
The Driver and Vehicle Licensing Authority is responsible for the collection of the levy. For additional information with respect to this Alert, please contact the following: Ernst & Young Advisory Services Limited, Accra - Robin McCone
robin.mccone@gh.ey.com - Isaac Sarpong
isaac.sarpong@gh.ey.com
Ernst & Young Advisory Services (Pty) Ltd., Africa ITS Leader, Johannesburg - Marius Leivestad
marius.leivestad@za.ey.com
Ernst & Young LLP (United Kingdom), Pan African Tax Desk, London - Rendani Neluvhalani
rendani.mabel.neluvhalani@uk.ey.com - Byron Thomas
bthomas4@uk.ey.com
Ernst & Young LLP, Pan African Tax Desk, New York - Silke Mattern
silke.mattern@ey.com - Dele A. Olaogun
dele.olaogun@ey.com
———————————————
ATTACHMENT PDF version of this Tax Alert Document ID: 2018-5949 | 
