Celebrated Ghanaian rapper Michael Owusu Addo known widely as Sarkodie has finally spoken about government’s decision to introduce E-levy .
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According to the Coachella crooner, the introduction of the electronic transaction levy is quite a good decision. His recent tweet suggests that revenue from tax are normally embezzled and E-levy may not be an exemption. He also highlighted on the hardship Ghanaians are experiencing in recent times.
https://www.instagram.com/p/CZubC-WtkO5/?utm_medium=copy_link
I pay a lot of taxes outside and I don’t complain because I’m using avenues they made available to make 💰( it’s only right ) it’s not same here and that’s why we complain not because the “E Levy” is bad . When you broke, a harmless “good morning “ can sound like a tease
Finance minister Ken Ofori-Atta has previously announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget. He said this was to “widen the tax net and rope in the informal sector”.
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The proposed levy, was set to come into effect on 1 February 2022 with a charge of 1.75% of the value of electronic transactions.
This covers mobile money payments, bank transfers, merchant payments, and inward remittances. The originator of the transactions will bear the charge except for inward remittances, which will be borne by the recipient. There is an exemption for transactions up to GH¢100 ($16) per day.
Source: Hello-gh.com
