Communications and Digitalisation Minister, Ursula Owusu-Ekuful, has defended government’s decision to impose a 1.75% phone transactions levy payable by mobile money users per transaction above ¢100.
A section of Ghanaians including the Minority in Parliament has kicked against this newly introduced Electronic-levy.
The opposers argue that the move will intensify the hardships of the average Ghanaian.
But according to the Ablekuma West MP, “if you have more than a ¢100 to send a day, then you’re not poor.”
Explaining what the newly introduced levy is about, the Ablekuma West legislator explained that people who cumulatively send GH¢3000 a month will not be taxed.
“So if you really are poor and you are in a position to send a GH¢100 a day, then we need to re-classify our definition of who really the beneficiaries of these are. And it is only the sender who pays, not the recipient. Unlike the telcos where both the sender and receiver pay,” she said on Thursday.
Finance Minister, Ken Ofori-Atta when presenting the 2022 budget on Wednesday said government is looking to introduce innovative ways of raising revenue after it scrapped the payment of tolls on roads.
Concurring with this 'innovative' move, Mrs Owusu-Ekuful on Accra-based GHOne TV said that the new tax is expected to generate over GH¢500 million a month for the government.
“So if you are looking at bulk payments, cashouts, person to person transfers, wallet to bank transfers, as of October we are looking at about GH¢11 million, if you are looking at the merchants, debit payments, sending, transfers, transfers to vouchers and the cashouts we are looking at GH¢440 million.
“If you are looking at GHIPSS, and merchant payments and direct debit payments and organisations paying to customers and paying bills and sending money we are looking at GH¢45 million so in total it is possible for the government to get about GH¢500 million from this in a month,” she explained.
Latest Stories
-
Gold-for-Oil was a sham, BoG just paid in dollars, says Ato Forson
1 hour -
Debt restructuring programme was a betrayal of pensioners – Dr Ato Forson
3 hours -
Former head of Central African football body jailed for war crimes
5 hours -
US clears way for $8 billion Paramount-Skydance merger
5 hours -
Female exec captured in viral Coldplay concert clip resigns
5 hours -
Arsenal sign defender Mosquera from Valencia
6 hours -
Debt restructuring programme was poorly structured – Finance Minister Ato Forson says
6 hours -
Mahama appoints fresh batch of ambassadors to key global capitals
6 hours -
Isak wants to explore move away from Newcastle
7 hours -
Benin names Spike Lee and wife ambassadors for African-Americans in the US
7 hours -
Trade deal on US tariffs within reach, says EU, as 1 August deadline nears
7 hours -
Trump bickers with Powell over Fed renovation costs
7 hours -
‘We will not default’ – Ato Forson assures bondholders as GH¢20bn DDEP payment plan unfolds
8 hours -
Take time to get VAT reforms right before scrapping COVID-19 levy – Prof. Asuming
8 hours -
France will recognise Palestinian state, Macron says
8 hours