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IN exercise of the powers
conferred on the Commissioner
responsible for Finance by
paragraph 54 of the income Tax
Decree, 1966 (N.L.C.D. 78) this
Instrument is made this 2nd day of
September, 1974.
Section 1—Standard Assessment of
Certain Persons.
(1) Part XII of the Income Tax
Decree, 1966 (N.L.C.D. 78) shall
apply to the persons specified in
the First Schedule to this
Instrument.
(2) Every such person shall pay in
respect of each year of assessment
the standard assessment fixed in
relation to him in column 3 of the
First Schedule.
(3) Such standard assessment may
be paid by quarterly instalments
on or before 1st January, 1st
April, 1st July and 1st October of
any year.
Section 2—Standard Assessment of
Race-horse Owners in respect of
Winnings.
(1) Part XII of the Decree shall
apply to all race-horse owners in
respect of all winnings made by
them on each horse race.
(2) There shall be levied on each
race-horse owner in respect of his
winnings on a horse race a
standard assessment of income tax
calculated at the rate specified
in the Second Schedule to this
Instrument so, however, that when
the horse is owned by two or more
persons all such persons shall be
deemed to be jointly and severally
liable for the payment of such
tax.
(3) The standard assessment of
income tax levied under this
regulation shall be collected by
the Chairman of the Turf Club at
which the horse race in question
takes place and shall be paid by
him to the Commissioner of Income
Tax or any other person authorised
in that behalf by the said
Commissioner and any person who
contravenes this sub-regulation
shall be guilty of an offence and
liable on summary conviction to a
fine not exceeding ¢200 or to
imprisonment not exceeding twelve
months or to both.
Section 3—Standard Assessment of
Owners of Fishing Boats, Etc.
(1) Part XII of the said Decree
shall apply to owners of fishing
boats, trawlers or vessels other
than canoes in respect of any
income derived from the working of
any such boats, trawlers or
vessels.
(2) There shall be levied on each
owner of such fishing boat,
trawler or vessel in respect of
any such income a standard
assessment of income tax
calculated at the rates specified
in the Third Schedule to this
Instrument.
Section 4—Interpretation.
For the purposes of the Schedules
to this Instrument—
(a) “cities” means Accra-Tema,
Kumasi and Sekondi-Takoradi;
(b) “municipalities” means
Koforidua, Cape Coast, Ho, Sunyani,
Tamale, Bolgatanga.
Section 5—Revocations.
The following Instruments are
hereby revoked:—
Standard Assessments Regulations,
1963 (L.I. 326);
Standard Assessments Instrument,
1968 (L.I. 590)
Standard Assessments (Amendment)
Instrument, 1973 (L.I. 837).
Section 6—Commencement.
This Instrument shall come into
force on the 1st day of October,
1974.
SCHEDULE
FIRST SCHEDULE
Class of Persons Standard
Assessment per annum Quarterly
Payment
¢
¢
1. Accountants in private
practice:
Group 1—The first 3 years in
practice . . . .
Group 2—over 3 years in practice
but not more than 6 years . ..
. . .
Group 3—over 6 years in practice
. . . . . .
750.00
1,500.00
3,600.00 187.50
375.00
900.00
2. Architects, Engineers and
Quantity Surveyors in private
practice:
Group 1—The first 3 years in
practice . . . .
Group 2—over 3 years in practice
but not more than 6 years .
. . . .
. . . .
. . .
Group 3—over 6 years in practice
. . . . . .
750.00
1,500.00
3,600.00 187.50
375.00
900.00
3. Auctioneers .
. . . .
. . . . .
400.00 100.00
4. Booksellers .
. . . .
. . . . .
72.00 18.00
5. Butchers .
. . . .
. . . . .
100.00 25.00
6. Carpenters .
. . . .
. . . . .
84.00 21.00
7. Commissioners for Oaths .
. . . .
. . . 30.00
7.50
8. Dentists in private
practice:
Group 1—The first 3 years in
practice . . . .
Group 2—over 3 years in practice
but not more than 6 years.
. . . .
. . . .
. . .
Group 3—over 6 years in practice
. . . . . .
500.00
1,500.00
2,500.00 125.00
375.000
625.000
9. Doctors in private
practice:
Group 1—The first 3 years in
practice . . . .
Group 2—over 3 years in practice
but not more than 6 years.
. . . .
. . . .
. . .
Group 3—over 6 years in practice
. . . . . .
750.00
2,000.00
3,000.00 187.50
500.00
750.00
10. Draughtsmen in private
practice . . .
. . .
120.00 30.00
11. Electricians .
. . . .
. . . . .
100.00 25.00
12. Fitters . . .
. . . .
. . . . .
100.00
25.00
13. Goldsmiths .
. . . .
. . . . .
10.00 2.50
14.
Hairdressers:—
(a) In cities . .
. . . . .
. . .
(b) Other Areas . . .
. . . .
. . . 100.00
36.00 25.00
9.00
15. Kente Weavers or Kente
Sellers . . .
. . .
72.00 18.00
16. Lawyers in private
practice:
Group 1—The first 3 years in
practice . . . .
Group 2—over 3 years in practice
but not more than 7
years . . .
. . . .
. . .
Group 3—over 7 years in practice
but not more than 10 years
. . . . .
. . . . .
Group 4—over 10 years in
practice . . .
. 300.00
2,000.00
3,000.00
4,000.00 75.00
500.00
750.00
1,000.00
17. Lumber or timber sellers .
. . . .
. . .
240.00 60.00
18. Midwives
(self-employed) .
. . . . .
120.00 30.00
19. Money-lenders . .
. . . . .
. . .
1,000.00
250.00
20. Owners or operators of
commercial vehicles (other than
taxis):
(a) Articulators . . .
. . . .
. . .
(b) Timber trucks. . .
. . . .
. . .
(c) Tipper trucks up to 5
tons . . .
. . .
(d) Tipper trucks over 5
tons . . .
. . .
(e) Other commercial vehicles up
to 5 tons . .
(f) Other commercial vehicles over
5 tons. . . .
560.00
300.00
140.00
280.00
24.00
120.00 140.00
75.00
35.00
70.00
6.00
30.00
21. Pharmacists in private
practice and owners of chemical
and drug stores . . .
. . . .
.
500.00
125.00
22. Private Schools
Proprietors . . .
. . .
500.00
125.00
23. Professional
Photographers
(a) In cities .
. . . .
. . . . .
(b) In other areas .
. . . .
. . .
84.00
36.00
21.00
9.00
24. Radio or Television
repairers . . .
. . .
100.00 25.00
25.
Seamstresses:
(a) In cities and
municipalities . . .
. . .
(b) In towns . . .
. . . .
. . .
60.00
36.00
15.00
9.00
26. Second-hand spare parts
dealers or second-hand scrap
dealers . . .
. . . .
. . . .
.
200.00
50.00
27. Shoemakers .
. . . .
. . . . .
60.00 15.00
28. Surveyors (self-employed).
. . . .
. . .
200.00 50.00
29. Taxi owners and operators in
respect of each vehicle
120.00
30.00
30. Tailors—amount per tailor on
machine . . .
.
80.00 20.00
31. Watch hawkers or clock
hawkers . . . .
. .
60.00 15.00
32. Watch repairers . .
. . . . .
. . .
40.00 10.00
33. Wigmakers or wig stylists.
. . . .
. . .
100.00 25.00
34. Wine and beer
sellers:
(a) In cities . .
. . . . .
. . .
(b) In municipalities .
. . . . .
. .
(c) In towns . . .
. . . .
. . .
150.00
120.00
72.00
37.50
30.00
18.00
SECOND SCHEDULE
Standard Assessment of Race-horse
Owners
Total winnings for 12 months shall
be assessed as follows:
Rate
(a) On the first ¢5,000 or part
thereof ..
.. .. 10 per
cent of that sum
(b) On the next ¢5,000 or part
thereof ..
.. .. 15 per
cent of that sum
(c) On any sum in excess of
¢10,000 ..
.. .. 25 per
cent of the excess
THIRD SCHEDULE
Owners of Fishing boats, trawlers
or vessels
¢
In respect of each boat up to 32
feet long.. ..
.. 15.00 per annum
In respect of each boat up to 59
feet long.. ..
.. 500.00 per annum
In respect of each boat up to 100
feet long ..
.. 1,500.00 per annum
In respect of each boat over 100
feet long ..
.. 3,000.00 per annum
COLONEL I. K. ACHEAMPONG
Commissioner Responsible for
Finance
Date of Gazette Notification: 3rd
September, 1974.
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