Speaking to the media in Accra on Wednesday, September 28, 2022, Ken Ofori-Atta said the review of the E-levy forms part of measures to help improve the government’s domestic revenue mobilization.
ADVERTISEMENT
E-levy to be reviewed – Ken Ofori-Atta
Ken Ofori-Atta, the Minister of Finance has hinted that the government will soon review the electronic transfer levy (E-levy).
Finance Minister, Ken Ofori-Atta
Recommended articles
He stated that the review is also targeted at ensuring that a lot of Ghanaians pay the levy.
According to him, "Such exercises form part of an ongoing drive to ensure we take significant steps forward in remedying long-standing challenges with domestic revenue mobilization, indiscipline, corruption, and leakages.
"Of course, heightened tax compliance and increased tax audit exercises will continue to be complemented by policy initiatives that allow us to tap into a wider pool of taxpayers in the years ahead.
ADVERTISEMENT
"Towards this therefore we are looking at areas around the E-Levy to ensure its efficient implementation."
Earlier, the Mobile money vendors have said their businesses are on the brink of collapse due to the unwillingness of their customers to pay the E-levy.
They said the phenomenon has resulted in a significant reduction in transactions and low income, four months after the implementation of the tax measure.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
GPRTU proposes 30% increase in transportation fares
It's regrettable Ghanaian journalists no longer talk about galamsey — Sir Sam Jonah
Police arrest 1 person in connection with Odumasi-Badu Road robbery in Bono Region
Asantehene urges government to involve private sector in GRIDCo, ECG, VRA and others
Robbery attack claims life of University of Energy and Natural Resources student
11 out of PNC's 16-member NEC resign, form new party called PNP
Informal workers beg for cash to cope with cost of living crisis — Report
Report reveals 850,000 Ghanaians pushed into poverty by gov't debt and market closures
