
Audio By Carbonatix
The Ghana Revenue Authority (GRA) has indicated that it has the systems in place to begin implementation of the controversial electronic levy if it is passed by Parliament.
Declaring his outfit's readiness on Joy FM's Super Morning Show, Special Aide to the Commissioner-General, Dr. Dominic Naab said officials are conscientising themselves to ensure that there are no challenges should the levy be passed.
"We are trying to understand the system. We are more than ready to implement the levy. We are looking at how other areas are doing theirs and I can tell you we will get there,” he said on Thursday, February 3, 2022.
His comment was part of statements made on the show regarding the proposed e-levy and a letter issued by the GRA to its agencies to ready themselves for implementation.
In the letter dated January, 31, GRA directed partners such as the ARB Apex Bank to trigger processes awaiting the passage of the controversial bill.
Dr. Naab confirmed to host Winston Amoah that the letter was issued by the GRA and explained the rationale for it, "for us at the Ghana Revenue Authority, we have the mandate to administer taxes," he said.
"It hasn’t been passed into law, it’s just a bill. So we have looked at the Bill but we know that if it’s passed, there will be some changes so we only need to tweak our system to be able to actually accommodate it," he added.
The e-levy is still awaiting approval from Parliament.
The tax proposal which is currently in Parliament will see the government deduct 1.75% tax on some electronic financial transactions by citizens.
The e-Levy has been the bone of contention since the government presented its 2022 Budget statement to the House last year.
According to the Finance Ministry, the move will increase the country’s tax-to-GDP from 13% to a targeted 16% or more and $6.9 billion in revenue.
But the Minority insists that the 1.75% tax is a tool to exacerbate the plight of the ordinary Ghanaian, which the Covid-19 pandemic has already impacted.
Latest Stories
-
Living with water: Lessons from Netherlands
13 minutes -
NaCCA directs schools, publishers to use only approved pre-tertiary learning materials
22 minutes -
Tony Elumelu retires as UBA Group Chairman after 12 years; Emmanuel Nnorom takes over
26 minutes -
Flood Mitigation Task Force to demolish buildings blocking waterways in Damfa , Oyarifa and Tesa
34 minutes -
Digital fraud, card disputes top banking complaints in 2025 – BoG Report
46 minutes -
NDC regional treasurer challenges suspension of Walewale Zongo caucus coordinator
53 minutes -
MobileMoney Fintech deepens trust and security across MoMo ecosystem with KYC update
1 hour -
Congo says confirmed Ebola cases rise to 1,561, including 506 deaths
1 hour -
Nigerian student dies after suffering injuries in Russian airstrike
1 hour -
The Accra Floods: Whiles we build a new city, let’s fix the one we have
2 hours -
Digital fraud shows criminals have moved from the street to the screen – Prof. Bokpin
2 hours -
‘Trust is a currency’: BoG warns fraud could derail Ghana’s push towards a cash-lite economy
2 hours -
Finance Ministry flags $4.2m in unretired GARID Funds under Akufo-Addo government
3 hours -
Financial literacy must become part of Ghana’s anti-fraud strategy – Economist
3 hours -
Interior Minister urges GIS Commanders to develop sustainable solutions to service delivery
3 hours