The Ghana Hoteliers Association is advocating for the consolidation of multiple taxes, including the National Health Insurance Levy (NHIL), VAT, and the GETFund levy, into a single tax structure for the hospitality sector.
The Association argues that the current tax framework, coupled with rising inflation, foreign exchange volatility, and high utility tariffs, is straining hotel businesses and threatening the sector’s sustainability.
With the government set to present the 2025 Budget and Policy Statement, industry stakeholders are urging policymakers to address these economic challenges and implement reforms that will support the growth and stability of the hospitality industry.
Speaking to Citi Business News, Dr. Edward Ackah-Nyamike, President of the Ghana Hoteliers Association, reiterated the industry’s long-standing plea for tax relief and economic interventions.
“We have made our points very clear over the years, so we want to see something on taxes and levies—hopefully reduced, and some removed as previously promised by the government. We also want to see measures in place to address inflation, foreign exchange fluctuations, and high utility tariffs, which significantly impact our business,” Dr. Ackah-Nyamike stated.
He emphasized the need for tax consolidation, proposing a single tax system that would integrate VAT, GETFund, and NHIL into one streamlined payment.
“If any of these issues are addressed in a way that positively impacts our businesses, we will be very happy. We have been pushing for a consolidated tax structure for the hospitality sector, and we hope the government considers this in the upcoming budget,” he added.
As the hospitality industry remains a key contributor to tourism and economic development, stakeholders continue to urge the government to create an enabling business environment that fosters investment, job creation, and long-term growth.