Pay E-levy to help Ghanaian start-ups – Finance Ministry appeals to Ghanaians

Pay E-levy to help Ghanaian start-ups – Finance Ministry appeals to Ghanaians

Less than two days to the implementation of the Electronic transaction levy also known as the E-levy, the Ministry of Finance has launched a social media advocacy campaign urging Ghanaians and others to pay the E-levy to help start-up firms.

In a tweet on Wednesday, April 27, 2022, the Ministry said “By paying E-Levy, you are supporting start-ups, By paying E-Levy, you support small businesses”.

The implementation of the E-levy will begin on May 1, 2022, according to Finance Minister Ken Ofori-Atta.

Mr. Ken Ofori-Atta on Wednesday, March 30, 2022, said: “We had some meetings with Controller and Accountant Generals Department (CAGD) and the Ghana Revenue Authority (GRA) and they have said right at the beginning of May they should be able to put their system together”.

After the third reading in the House, Parliament passed the E-levy on Tuesday, March 29, 2022. During the second reading, the Minority staged a walkout. They left after their leader, Haruna Iddrisu, stated that the NDC MPs were unified in their opposition to the proposal.

The Minority in Parliament filed an application with the Supreme Court on Tuesday, April 19, 2022, to stop the e-levy deductions from starting. On the 4th of May, the application will be heard.

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