October 31, 2024

Finance Minister and Minority MPs meeting over the E-levy ended inconclusively

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Ken Ofori-Atta

A meeting between the Finance Minister Ken Ofori-Atta and the Minority group in Parliament aimed at finding a common ground on the Electronic Transfer levy rather ended in a stalemate.

Some sources, also revealed that all is not lost as another meeting has been scheduled for Friday as the search for an agreeable position on the tax measure that has sharply divided the house continues.

Members of the Minority side have been whipped in line not to disclose any information concerning the meeting or matters of the E-levy until negotiations are concluded.

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

A charge of 1.75% will apply to electronic transactions that are more than GHS100 on a daily basis.

The government held a town hall meeting in Koforidua in the Eastern Region today, Thursday, on the controversial levy.

This forms part of a series of engagements planned by the government with the aim of explaining the importance of the E-levy as well as taking feedback and inputs from relevant stakeholders on the levy.

The government also says the feedback will inform it on the implementation of the levy.

By: Stella Annan | myactiveonline.com Twitter @activetvgh

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