NEWS'E-levy is optional; if you can't pay, keep your...

‘E-levy is optional; if you can’t pay, keep your money on your phone.’ – Ahenkorah, Carlos

-

Carlos Ahenkorah, the Chairman of Parliament’s Trade and Industry Committee, has urged Ghanaians who do not wish to pay the 1.75 percent e-levy to avoid using electronic transaction services.

Mr. Ahenkorah maintains that the fee is voluntary, and that those who do not choose to pay are free to avoid platforms that require payment of the levy.

One of the major concerns in the 2022 budget announcement has been the imposition of the e-levy.

Many Ghanaians have urged the government to rethink its decision. They argue that the levy is retaliatory.

The Minority Caucus in Parliament, for example, has stated unequivocally that it will oppose the e-levy in its entirety.

It stated that it will fight the levy in any form since it will cause greater hardship for Ghanaians.

Haruna Iddrisu, the Minority Leader, claimed the levy will disrupt Ghana’s efforts to create a digital economy, while delivering a submission on the floor of parliament on Tuesday [December 6, 2021] in response to Finance Minister Ken Ofori-recent Atta’s announcement of concessions on the 2022 budget.

“It’s true that we got together. We were a part of the interaction, but unhappily and unfortunately, we were unable to reach agreement and consensus on the issue of e-levy at that time.”

“We believe the e-levy is punitive, and that taxing transactions would stymie our efforts to create a digital economy.”

In a Citi News interview, the Tema West MP, however, justified the levy’s establishment.

He claims that paying the tax is optional, and that anyone who does not wish to pay should avoid using the MoMo service.

“I’ve always maintained that the momo tax isn’t a mandatory tax.” You just pay when you use it; you do not pay if you do not use it. If you believe it is too costly, there is no alternative method of payment that compares to MoMo. So what we’re arguing is that the tax is aimed at those who can afford to pay rather than those who are receiving benefits.”

“So, if you’re receiving, it’s fine to negotiate with the individual who went to the bank to borrow money in order to become a MoMo agent and pay money out.” Otherwise, keep the cash on hand.

Latest news

Tsatsu Tsikata, Thaddeus Sory, Vormawor Lead ‘Legal Onslaught’ Against Suspended Chief Justice

Three lawyers, Tsatsu Tsikata, Thaddeus Sory, Baker-Vormawor, have emerged as legal representatives for parties behind the petitions that led...

We Need About 1.1 Billion Dollars To Procure Liquid Fuels Alone- Jinapor Reveals

We need about 1.1 billion dollars to procure liquid fuels alone- Jinapor reveals The Minister of Energy and Green Transition,...

Burkina Faso Forging Stronger Partnership With Russia

Russian President Vladimir Putin and his counterpart Burkina Faso’s President, Captain Ibrahim Traoré, discussed a few aspects of their...

NDC youth Clash With Annoh-Dompreh Over MCE Confirmation In Nsawam-Adoagyiri

A tense standoff unfolded at the Nsawam-Adoagyiri Municipal Assembly as Member of Parliament (MP) Frank Annoh-Dompreh faced opposition from...

Finance Minister Declares No Payments To Contractors Without Valid Commencement Certificates

Finance Minister, Dr. Cassiel Ato Forson has issued a stern warning to contractors regarding payment procedures tied to commencement...

Cedi Trades At GH¢13.10 To A Dollar On The Interbank Market

Ghana’s local currency, the cedi, has recorded marginal gains against major trading currencies, particularly the US dollar, at some...

Must read

Tsatsu Tsikata, Thaddeus Sory, Vormawor Lead ‘Legal Onslaught’ Against Suspended Chief Justice

Three lawyers, Tsatsu Tsikata, Thaddeus Sory, Baker-Vormawor, have emerged...

We Need About 1.1 Billion Dollars To Procure Liquid Fuels Alone- Jinapor Reveals

We need about 1.1 billion dollars to procure liquid...

You might also likeRELATED
Recommended to you