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Minority Boycotts Consideration Of E-levy In Parliament

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The Minority staged a walkout in Parliament during the consideration of the controversial Electronic Transfer Levy (E-levy) at the second reading stage on Tuesday, March 29, 2022.


The second reading of the levy saw the bill being adopted at the reduced rate of 1.5% from the initial proposed rate of 1.75%.



The bill is currently under consideration by a Majority house, following the Minority’s boycott.



Members of the Majority are also deliberating on some proposed amendments to the bill which have been introduced by the government.



The e-levy is a new tax measure introduced by the government in the 2022 Budget on basic transactions related to digital payments and electronic platform transactions.

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Critics of the proposal, including the Minority have warned that the new levy will negatively impact the Fintech space, as well as hurt low-income persons.



The government has, however, argued the levy would widen the tax net as it could raise an extra GH¢6.9 billion in 2022.



A former deputy minister of communications, Mr Felix Kwakye Ofosu, has wondered if the governing New Patriotic Party (NPP), in its attempt to pass the e-levy, would haul one of its MPs, Mr Ebenezer Kojo Kum, who has been bedridden for some time now, to the floor of parliament, to vote on the bill.

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The Ahanta West MP, who is also the Minister of Chieftaincy and Religious Affairs, was rumoured dead a few weeks ago, prompting a rebuttal from his family.
















































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