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Tag Archives: E-levy

Afenyo-Markin: Government To Reduce E-levy From 1.75% To 1.5%

Deputy Majority Leader, Alexander Afenyo-Markin has said that the electronic transaction levy (E-levy) will be reduced from 1.75% to at least 1.5%. According to him, the reduced charge was captured in the revised version of the 2022 budget submitted by the Finance Minister, Ken Ofori-Atta on Tuesday. Speaking on PM …

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Government Considering Removal Of E-Levy On Inward Remittances

Information available to Asaase News has it that government may be considering the removal of the proposed electronic levy (E-Levy) in the 2022 budget statement and economic policy of the Akufo-Addo administration on sum of money sent by foreign worker to individual in the country which is better known as …

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NUGS: 1.75% E-levy Is A Step In The Right Direction

The National Union of Ghana Students (NUGS) has backed the proposal by the government to impose a 1.75% levy on all electronic transactions, starting from January, 2022. NUGS believes that the e-levy is a ‘step in the right direction,’ as it will help the government generate revenue to tackle youth …

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Audio: ‘If You Have More Than ¢100 To send In A Day, Then You Are Not Poor’ – Ursula Ekuful

Communications and Digitalisation Minister, Ursula Owusu-Ekuful, has defended government’s decision to impose a 1.75% phone transactions levy payable by mobile money users per transaction above ¢100. A section of Ghanaians including the Minority in Parliament has kicked against this newly introduced Electronic-levy. The opposers argue that the move will intensify …

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Dr. Bawumia Tops Twitter Trends Over Momo Tax

Vice President  Dr. Mahamudu Bawumia has topped Twitter trends after the Minister of Finance presented the 2022 budget before Parliament on Wednesday, November 17, 2021. While some Social Media users on Twitter are questioning the introduction of E-levy, others have called out Dr. Bawumia on his comments against the taxation …

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#GhBudget: Government Introduces E-levy On Mobile Money Transactions

Finance Minister Kenneth Nana Yaw Kuntunkunuku Ofori-Atta has announced a new levy to be charged by government in 2022 on all electronic transactions to widen the tax net and rope in the informal sector.   “It is becoming clear there exists enormous potential to increase tax revenues by bringing into …

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