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    You are at:Home»Entertainment»29 percent tax on event tickets is killing the creative industry
    Entertainment

    29 percent tax on event tickets is killing the creative industry

    Papa LincBy Papa LincJanuary 27, 2025No Comments2 Mins Read8 Views
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    Ghanaian hiplife musician, Kwabena Kwabena Ghanaian hiplife musician, Kwabena Kwabena

    Ghanaian musician, Kwabena Kwabena, has described the 29.1 percent taxes on tickets during shows as outrageous.

    In an interview on Hitz FM on January 27, 2025, Kwabena Kwabena noted that he does not approve of the 29.1 percent taxes charged by the Ghana Revenue Authority (GRA) and therefore it should be reviewed.

    He emphasised that GRA should take taxes after an event, and it should be done based on the total profits after an event and not on tickets sold before an event.

    “A lot goes into the event in terms of expenditure. You invest so much and somebody comes to your door and says I am going to take 29.1 percent off every ticket you sold. It is not right. I think I have to pay taxes after I have broken even or made a profit and charge me on my profit. If I have put an amount into an event and I have not been able to get the money I invested yet someone will say he is going to charge a 29.1% on every ticket I sold. It doesn’t make sense,” he said.

    Kwabena Kwabena further called on the government to review the 29.1 percent taxes on event tickets because it is killing the creative arts industry.

    “So, I think the right authority should look into this and do something about it because it is killing the industry. Because we are the least looked after in this country in terms of government support. So, they must review it,” he added.

    You can also watch the latest episode of Everyday People on GhanaWeb TV below:

    JHM/AE



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