GhArticles.com Every News in Detail
Member of Parliament for Ningo-Prampram Constituency, Sam George has alleged that the ruling NPP government never consulted the Telcos before imposing the new e-levy tax on all MoMo transactions.
Earlier GhArticles.com reported that, the government of Ghana has announced a new Electronic Transaction Levy as as part of strategies to widen the country’s tax net.
It will be a 1.75 percent charge on all electronic transactions.
This fee, according to the Finance Minister, Ken Ofori-Atta, is to enhance financial inclusion and protect the vulnerable.
Transactions covering mobile money payments, banks transfers, merchant payments, and inward remittances will have the levy imposed on them and will be borne by the sender.
However, the levy will be waived for transactions that amount to GHS 100 or less in a day or approximately GHS 3,000 per month.
The government says portions of revenue collected from the levy will be used to support entrepreneurship, youth employment, cybersecurity, digital, and road infrastructure among others.
This new directive from the government has generated a lot of discussions across the social media space in Ghana.
Hon Sam George however believes that the taxes are cruel.
He further revealed that govt did not consult Telecommunication companies in Ghana before introducing the taxes into the budget.
Meanwhile, Dr Bawumia ( Vice President Of Ghana) in 2020 said that he doesn’t believe in MoMo taxes because most MoMo users are poor people.
Swipe for more details;
View this post on Instagram
We Will Love You To Join Our Over 170k Members Instagram Family With Just One Click @gharticles
Source: GhArticles.com
