Home Business Minority leader proposes E-Levy reduction now from 1.75 to 1 percent.

Minority leader proposes E-Levy reduction now from 1.75 to 1 percent.

by Ghananewsextra
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Minority leader

Minority Leader in Parliament, Haruna Iddrisu has expressed his side’s willingness to accept the proposed e-levy in the 2022 Budget Statement and Economic Policy of Government. He stated the minority side has backed down finally on the e-levy rejection. Mr.Iddrisu added that his side has seen the good of the levy for the country.

“A week ago, we said no, we won’t accept e-levy but having listened to officials in government, including the Minister of Finance, I am convinced to accept a departure from my original no to accepting a one percent e-levy,”. The Minority leader said this at the 10th-anniversary launch of the Ghana Chamber of Telecommunications in Accra.

Minority Leader Haruna Iddrisu proposed a reduction from the proposed 1.75 to 1%. He added that he was positive that the e-levy at one percent will go a long way to contribute to the economy not collapsing in the near future.

“We are not against it, but we want it fixed at one percent. We fear for double taxation because we already have the communication services tax,” he added.

The Tamale South MP, Haruna Iddrisu initially disagreed with the deduction fee for business transactions not exceeding the GH¢100.00 threshold a day and called for it to be pegged at GH¢500.

Ghanaians need to pay taxes to help develop the country, but the taxes shouldn’t burden Ghanaians.

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