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E-Levy, other taxes will be counterproductive if gov’t fails to fight corruption – GPCC

Edna Agnes BoakyebyEdna Agnes Boakye
December 31, 2021
Reading Time: 1 min read
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The Ghana Pentecostal and Charismatic Council (GPCC) says the implementation of the E-Levy and other taxes will be counterproductive if the government fails to fight corruption.

President of the council, Prof. Paul Frimpong-Manso explained that the envisaged GH¢6.9 billion from E-Levy into government coffers in 2022, may not achieve its intended purposes if corruption thrives.

Citing the millions of cedis lost through corruption in the Auditor General’s report,  Prof. Paul Frimpong-Manso noted that government must fight corruption to generate more revenue for developmental projects.

Transactions covering mobile money payments, bank transfers, merchant payments, and inward remittances will have the levy imposed on them and will be borne by the sender.

However, the levy will be waived for transactions that amount to GH¢100 or less in a day or approximately GH¢3,000 per month.

The government says portions of revenue collected from the levy will be used to support entrepreneurship, youth employment, cybersecurity, digital, and road infrastructure, among others.

But some Ghanaians have kicked against the e-levy, saying it is not in the interest of ordinary people.

Members of the Minority in Parliament side have vowed to resist the levy in any form.

 

Tags: Ghana NewsGhana Pentecostal and Charismatic Council (GPCC)
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