E-levy deductions to start in May — Ofori-Atta hints

Ghana’s Finance Minister, Ken Ofori-Atta has indicated that the deductions with the E-levy will start in May.

He said that is the assurance he has been given by the Controller and Accountant General and the Ghana Revenue Authority (GRA), who will be the revenue collectors.

The much-hated E-levy was passed by Parliament on Tuesday, March 29 despite Minority Caucus staging a walking after the second reading of the bill.

President Akufo-Addo delivering the State of the Nation Address today said he’s happy the E-levy has been passed.

“Mr. Speaker, despite the protracted and sometimes acrimonious nature of proceedings, I am happy that the House has, finally, found it possible to pass the e-levy. I believe the levy is going to make a significant contribution to revenue mobilization and the management of the economy, and I want to thank Members of the House for making this possible.

“The road to recovery will be hard and long, Mr. Speaker, but we have started on a good footing by accepting that we are in a difficult place, and are taking the difficult decisions that will get us out.

“If anyone ever had any doubts about the need to be self-reliant, the point has now been forcibly drilled home to us. The pursuit of the Ghana Beyond Aid agenda is even more compelling now,” he added.