Issues surrounding the controversial electronic transaction levy (E-levy) are still making headlines after Ghanaians kicked against its implementation.
The electronic transaction levy was announced by Finance Minister Ken Ofori Atta while reading the 2022 budget statement in Parliament. It is a 1.75% charge on all electronic transactions including mobile money.
A lot of Ghanaians said they won’t pay the e-levy with the claim that they don’t benefit from taxes.
The ruling government has advised citizens to accept the much-hated E-levy to prevent the Nana Addo-led administration from going to International Monetary Fund(IMF) for assistance.
Well, Assin Central MP Kennedy Agyapong has also explained to Ghanaians how their electronic transactions are going to be taxed.
According to him, government will only deduct ¢1.50ps on every ¢200 transfer not ¢100.
Watch him below;