HomeLocal NewsE-Levy bill before Parliament; gov’t insists on 1.75% deductions

E-Levy bill before Parliament; gov’t insists on 1.75% deductions

The government has presented the controversial E-Transaction levy bill to Parliament.

The bill still pegs the percentage of deduction on electronic cash transactions at 1.75 despite expectations that the figure will be slashed marginally.

The Majority and Minority in Parliament had had a standoff over the levy and the percentage involved.

However, a Deputy Finance Minister, Abena Osei-Asare on Wednesday disclosed that ongoing consultations will influence the content of the final tax instrument that will be laid in Parliament.

“I believe that we will bring the bill in and hopefully, all things being equal, it will be laid in Parliament, and all of us will see everything stated clearly in the electronic transaction levy.”

“You can never finish consultations, so I cannot say consultations are over, but we have made very good progress in the consultation process and I believe that it will reflect in the bill that we will be presented to Parliament,” she told journalists in Parliament.

Source: Ghana/Starrfm.com.gh/103.5fm

 

Benjamin Mensah
Benjamin Mensahhttps://freshhope1.org
Benjamin Mensah [Freshhope] is a young man, very passionate about the youth of this Generation. Very friendly, reliable and very passionate about the things of God and all that I do. The mission is to inform, educate and entertain. Feel free to send your whatsapp messages to +233266550849 and call on +233242645676
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