#GhBudget: 1.75% levy slapped on MoMo, other electronic transactions
The government, as part of strategies to widen the country’s tax net, has announced an Electronic Transaction Levy. It will be a 1.75 percent charge on all electronic transactions. This fee, according to the Finance Minister, Ken Ofori-Atta, is to enhance financial inclusion and protect the vulnerable. Transactions covering mobile money payments, bank transfers, merchant … Continue reading #GhBudget: 1.75% levy slapped on MoMo, other electronic transactions
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