Ghanaian Spotify customers will feel the pinch of new tax regulations

The NPP government of President Nana Akufo-Addo is imposing a number of new taxes on Ghanaians, adding to the burden of an already tax-intensive environment.

Ghanaian Spotify customers will feel the pinch of new tax regulations
Ghanaian Spotify customers will feel the pinch of new tax regulations

The most recent change is the taxing of Spotify users, which Michael Otu Danquah, a spokesperson of the Ghana Revenue Authority’s (GRA) E-Commerce Unit, confirmed.

Ghanaians, who have recently been subjected to a variety of taxes and levies, reacted differently to the news that Spotify, a popular music streaming service, will now be subject to taxation.

Critics contend that these extra taxation policies are adding to the financial strain on citizens. The taxing on digital services, such as Spotify, is part of the government’s larger drive to increase its revenue sources.

While verifying that Spotify is taxed, Michael Otu Danquah stressed the need for regulation of the digital economy.

In an interview with Hitz FM on Thursday in Accra, he said, “I can gladly confirm that users of the music streaming platform, Spotify, will be taxed.”

This action is a part of an effort to make sure that companies operating online give their fair share of support to the growth of the country.

In order to stay up with the rapidly changing digital economy, where many transactions are being made online, Ghana has been working to modernize its tax system. Digital platforms like music streaming services and e-commerce websites are now subject to taxes as a result of this change.

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