Audio By Carbonatix
Minority Leader, Haruna Iddrisu, has accused the Majority Caucus of smuggling into the Order Paper the consideration of the controversial Electronic Transaction Levy (E-levy).
According to the Tamale South MP, E-levy was not enlisted in Parliament’s business statement for this week.
He questioned why the Majority will pull such a surprise on the opposition National Democratic Congress (NDC) legislators.
“We have time and again warned and cautioned that we never want to be taken by surprise on a major economic policy bill of government and we will not accept that culture.
“So when you [Majority Caucus] did not have the numbers, you were hesitant, you won’t come before the House [with the Bill] now that you think that you have some reasonable numbers then you say ‘go to the business of item 27’,” he fumed.
However, the Tamale South lawmaker said that the NDC MPs will not submit to the questionable attitudes of the Majority to get the Bill passed.
According to him, all the 137 representatives of the NDC will oppose the controversial tax policy.
“Mr Speaker, let them [Majority Caucus] be sure that we are ready for them. We will debate through and we will vote against it and not support it,” he said.
Some NDC Parliamentarians have also raised concern about what they described as an ambush of the Majority to pass the E-levy Bill.
With President Akufo-Addo marking his 78th birthday today, the Tamale North MP, Alhassan Suhuyini alleged that the President wants the controversial E-levy Bill passed as his birthday present.
“Our President doesn’t seem to be interested in a Black Stars victory as a birthday gift. I’m informed he requested the passage of the E-levy as a birthday gift. Almost all of his [NPP] MPs are here in the House. Well the Minority MPs are here too,” he wrote on Facebook.
Currently, the Finance Minister, Ken Ofori-Atta is in the chamber of Parliament and has moved the motion for the House to consider the Bill.
He noted that the earlier rate of 1.75% has been reduced to 1.5%.
The lawmakers have since been deliberating the issue.
E-Levy
Finance Minister Ken Ofori-Atta, presenting the 2022 budget on Wednesday, November 17, announced that the government intends to introduce an electronic transaction levy (e-levy).
The levy, he revealed, is being introduced to “widen the tax net and rope in the informal sector”. This followed a previous announcement that the government intends to halt the collection of road tolls.
The proposed levy, which was expected to come into effect in January, 2022, is a charge of 1.75% on the value of electronic transactions. It covers mobile money payments, bank transfers, merchant payments, and inward remittances. There is an exemption for transactions up to GH¢100 per day.
Explaining the government’s decision, the Finance Minister revealed that the total digital transactions for 2020 were estimated to be over GH¢500 billion (about $81 billion) compared to GH¢78 billion ($12.5 billion) in 2016. Thus, the need to widen the tax net to include the informal sector.
Although the government has argued that it is an innovative way to generate revenue, scores of citizens and stakeholders have expressed varied sentiments on its appropriateness with many standing firmly against it.
Even though others have argued in support of the levy, a section of the populace believe that the 1.75% e-levy is an insensitive tax policy that will deepen the already prevailing hardship in the country.
Latest Stories
-
Patrons dance through drizzles at Joy FM’s Party in the Park 2025
38 seconds -
Samini thrills fans at the 2025 Samini Xperience concert
27 minutes -
Ghana EXIM Bank repositioned to reduce import bill on rice, poultry – CEO assures
33 minutes -
Photos: Hundreds turn out for Joy FM’s 2025 family party in the park
1 hour -
Volta Regional House of Chiefs renew call on Immigration to remove inland barriers at Sogakope, Asikuma
1 hour -
Police Christmas special operation: 27 suspects rounded up in Savannah Region
2 hours -
Seven hospitalised after gunshots disrupt jummah prayers in Ho
2 hours -
70 mothers receive Christmas hampers from MTN after delivering at KATH
2 hours -
Let’s prove our readiness power through deeds, not words – Afenyo-Markin to NPP faithful
2 hours -
Stonebwoy brings the house down at BHIM Festival 2025
2 hours -
Development flourishes where peace and cooperation prevail – Roads Minister
2 hours -
Children enjoy a day of fun and laughter at Joy FM’s Party in the Park 2025
2 hours -
Joy FM Party in the Park 2025: Shakers Royal Band ignites excitement
2 hours -
MTN Ghana hands over hampers to 25 newly born ‘bronya’ babies at Cape Coast Hospital
3 hours -
Kwanpa Band thrills patrons as Joy FM Family Party in the Park
3 hours
