The Finance Minister Ken Ofori Atta On 17th November 2021, announced the proposed Electronic Transaction tax; which when approved, will come into effect on 1st February 2022.
The Electronic Levy, also known as the Momo tax, when approved, is a charge of 1.75% of the value of electronic transactions above GHs 100 (US$16) per day. According to Ken Ofori Atta, the E-levy would apply to electronic transaction like mobile money payments, bank transfers, merchant payments, and inward remittances.
Since its announcement by the Finance Minister last year 2021, the e-levy has divided Ghanaians; causing brawl among parliamentarians in Parliament, and creating heated debated in Ghana and on Social media.
In attempts to educate and convince Ghanaians; and also to explain the importance of the well talked about E-levy, the Government of Ghana, led by the Minister of Finance, Ken Ofori-Atta is organizing town hall meetings.
Today's town hall meeting which took place at Koforidua in the Eastern Region, featured Mr. Ken Ofori Atta-Minister for Finance, Madam Ursula Owusu-Ekuful-Minister for Communication and Digitization, Honorable Kojo Oppong Nkrumah-Minister for Information, and the Deputy Majority Leader i Parliament, Honorable Alexander Afenyo-Markin.
Ken Ofori-Atta, Madam Ursula Owusu-Ekuful and Alexander Afenyo-Markin during their presentations at the meeting explained the various benefits of the e-levy and why Ghanaians must accept it.
The fact of the matter is, the ordinary Ghanaian is NOT bothered about the full details or any further education on the e-levy...we already know much. The ordinary Ghanaian is already paying too many taxes and wouldn't want to pay new ones, especially from their mobile money wallets.
We still remember what President Nana Addo and Bawaumia told Ghanaians, when they needed power; they told us, that when Ghanaians vote for them, they would move the country from 'taxation to production'.
We also remember when they told us, when they needed power, that the NDC Mahama administration had burdened Ghanaians with too many taxes, and that 'taxation is a lazy man's approach'!
What has changed now? We still have too many taxes...why is the Nana Addo Bawumia Government trying to introduce E-levy? Is the E-levy not a tax?
In simple term, we dont want any e-levy...we simply dont want to pay any tax on our mobile money transactions. Ken Ofori Atta and the New Patriotic Party Government must withdraw the e-levy tax in its entirety...we reject the tax, mo matter how they present it... we will still resist it!
What is your take...do you support the introduction of the Mobile Money Tax in Ghana?
Please share your views in the comment box below.
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