Audio By Carbonatix
The Finance Minister, Ken Ofori-Atta has said that the passing of the Electronic transaction levy (e-levy) would make it possible for accountability.
Speaking at a Townhall meeting at Sekondi on Wednesday, he said the e-levy “makes all of us responsible for protecting the public purse.”
“We will be reminded to ensure that we use this money well and the issue of protecting the public purse becomes paramount to us,“ he added.
According to the Finance Minister, taxpayers are entitled to a moral authority “to be able to require certain performances from the political elites.”
He, therefore, urged taxpayers to take up the task to hold political elites accountable when the tax is passed.
Mr Ofori-Atta also highlighted certain things the e-levy would constitute of.
According to him, the E-levy will not cover: Cumulative transfers of GHS 100 per day made by the same person, transfers between accounts owned by the same person, transfers for the payment of taxes, fees, and charges on the Ghana.gov platform, electronic clearing of cheques, specified merchant payment and transfers between principal master agent, and agents accounts.
Latest Stories
-
‘Fresh evidence means more loot’ – Martin Kpebu reacts to re-arrest of former NAFCO boss and wife
1 hour -
Zain Sulleyman declares bid for Volta NPP Communication Officer role, promises ‘paradigm shift’ in strategy
1 hour -
BoG critics seeking Ghana’s doom – Sefwi MP
2 hours -
Boko Haram kills 23 soldiers in deadly Lake Chad military base raid
2 hours -
Jeffrey Nortey lands brand ambassadorial deal with Robert and Sons Ltd.
2 hours -
Carbon dioxide levels in some hospital wards are above acceptable limits – Prof. Amankwaa
2 hours -
ADR Centre, Judicial Service deepen partnership to strengthen dispute resolution in Ghana
3 hours -
Judicial Service to recruit more professional mediators to expand court-connected ADR programme
3 hours -
GNAT demands probe into alleged assault on teachers by soldiers
3 hours -
Video: The abandoned but completed and fully-equipped Children’s Specialist Hospital at Weija
3 hours -
CEO of MobileMoney Ltd joins MoMAG to celebrate May Day with sports and solidarity
3 hours -
UniMAC leads national conversation on World Press Freedom Day in Ghana
3 hours -
Allied Health professionals object to withdrawal of Korle Bu Laboratory head’s appointment
3 hours -
Health Ministry rolls out National Health Compact to strengthen healthcare system
3 hours -
Gov’t urged to urgently rehabilitate Tamale-Bolgatanga Highway
3 hours