The Ministry of Finance has released a list of questions that are likely to be asked by members of the general public in respect of the Electronic Transactions Levy (e-Levy) and provided answers to them.
This follows the passage of the E-levy Bill on Tuesday by a Majority-sided House after members of the Minority walked out during the consideration stage.
It thus appears that all is set for the implementation of the tax policy even as President Akufo-Addo is yet to assent to the Bill.
According to the Finance Minister, Mr. Ken Ofori-Atta, his outfit has had discussions with the Controller and Accountant General’s Department (CAGD) and the Ghana Revenue Authority (GRA) towards a smooth implementation of the policy.
Speaking in an interview with journalists in Parliament on Wednesday on the sidelines of the 2022 State of the Nation Address (SONA), Mr. Ofori-Atta said the CAGD and GRA “have indicated to us that, right at the beginning of May, they should be able to get their systems together.”
In the document made available on Social media therefore, the Ministry provided answers to pertinent questions such as; What is the E-levy?, What is the rate of the levy?, Why has government decided to levy electronic transfers? What will the revenue generated by the E-Levy be used for? and how will the levy be applied? among others.
Please read full document below:
Latest Stories
-
Vote for a government committed to upholding integrity of Public Service – GLOGSAG to Civil Servants
9 mins -
Kasoa protests ‘bad name’
16 mins -
Yaw Nsarkoh: Bit by bit we will understand China
6 hours -
Looted and returned: Asante royal artefacts on display for public viewing at Manhyia Museum
7 hours -
Suspected killer in Kasoa land dispute shooting not a National Security operative
7 hours -
Ghana appoint four Para Athletics coaches in Preparation for Paris 2024
7 hours -
Kumasi Cheshire Home decries inadequate equipment; seeks public support
8 hours -
UCL: Niclas Fullkrug hands Dortmund first leg advange over PSG
8 hours -
GPL: Accra Lions beat Hearts of Oak to go third
10 hours -
Seek higher grounds as rains intensify – GMet warns
10 hours -
May Day: Sam Ankrah promises to prioritise welfare and well-being of workers if elected president
10 hours -
Bawumia plans door-to-door campaign for 2024 polls
10 hours -
GAF condemns ‘unprovoked’ fatal shooting of soldier in Kasoa land dispute
11 hours -
OSP’s request for money laundering probe against Cecilia Dapaah baseless – AG advises EOCO
11 hours -
Obofour Raphael releases ‘Asem Yi Di Ka’ EP
11 hours