Computation of the Personal Income Tax rates became difficult because of the complexities involved in determining the category of workers entitled to the concessionary tax rates.The proposed amendment is therefore intended to solve the following problems:1. To eliminate the conoplexities in the computation of the Personal Income Tax Rates.2. To grant relief to workers whose salaries might fall within a higher tax bracket due to Increased salary levels over the past four years.3. To make the mimmum wage tax free.HON. DR. KWABENA DUFFUORMinister responsible for FinanceDate: 23rd February, 2010IN exercise of the powers conferred on the Minister responsible for Finance by Section 114 of the Internal Revenue, Act 2000 (Act 592), these Regulations are made this 23rd day of February, 2010First Schedule to Act 592 amendedThe First Sched…
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