News

The contentious E-levy will not be re-laid this week until stakeholders are consulted

Following the House’s reconvening this week, the controversial Electronic Transaction Levy [E-levy] will not be levied again.

According to Citi News sources, this is to provide for additional time in the ongoing legislative talks.

After the controversy surrounding the passing of the tax proposal that attempts to levy a 1.75 percent fee on some digital transactions, Finance Minister Ken Ofori-Atta has announced the reintroduction of a revised bill to the parliament.

However, Deputy Minority Chief Whip Ahmed Ibrahim stated during the formal beginning of the second session on Tuesday, January 25, 2021, that the Majority did not propose the tax policy at the critical business committee for the week.

“If there will be any discussion on E-levy at all, that may be next week on the principle that the Finance Ministry and government, as well as our colleagues in the majority, have now seen wisdom that we gave them that because they are passing a law, they should consult Ghanaians. This is part of the law, but they wanted to pass it under certificate of urgency.”

Government will on Thursday, January 27, 2022, hold a major townhall meeting on the controversial Electronic Transactions Levy.

The exercise forms part of series of engagements the government has planned with the aim of explaining the importance of the E-levy as well as taking feedback and inputs from relevant stakeholders on the levy.

The government also says the feedback will inform it on the implementation of the levy.

The E-levy is a new tax measure introduced by the government in the 2022 Budget on basic transactions related to digital payments and electronic platform transactions.

Opposition

The Minority in parliament continues to push against the E-levy proposal by the government, insisting, it is in the interest of the public.

It says the levy will only impose hardship on Ghanaians and the Minority will do all within its powers to resist its passage in Parliament

“We are opposed to the E-levy because this is not the time for E-levy. At this time when there is COVID, and we are advised to reduce physical interaction and do electronic transfers, this is not time to bring in e-levy,” MP for Yapei Kusawgu, John Jinapor said.

However, the New Patriotic Party is confident the electronic transaction levy bill will be passed into law.

This according to officers within the party is because of extensive engagements that have been held with various stakeholders within the recess period.

The party says it expects the minority to allow parliamentary practice to reign and allow the majority to have its way.

Source: citinewsroom

Timothy

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