Ghana’s Finance Minister, Ken Ofori-Atta has hinted that the operation of the Electronic Transaction Levy may commence in May 2022.
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According to him, the Ghana Revenue Authority (GRA) will have all the systems in place for the operationalization of the levy by then.
“I think the nation is settled, there is a certain spirit of calmness…. we had a key meeting with the Controller General and the GRA and they have indicated to us that right at the beginning of May, they should be able to get the systems altogether,” he said.
It follows the passing of the e-levy Bill by Parliament on Tuesday.
Parliament on Tuesday, March 29, 2022, approved the controversial Electronic Transactions (E-Levy) Bill.
This decision was reached after the Consideration Stage was completed by a Majority-sided House.
It was assessed under a certificate of urgency.
The Bill was obtained at a reduced rate of 1.5% from the initial 1.75% amid a Minority walkout.
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In relation to this, Mr. Ofori-Atta stated that “I think yesterday, we registered the moment in our history when things came together and we shall move forward and conquer.”
Speaking on the suit by the Minority Group over the approval of the Bill, the Finance Minister said; “That is democracy; when someone has a problem, they go to court to resolve it, and then they move on.”
Meanwhile, President Akufo-Addo is elated at Parliament’s approval of the Electronic Transactions levy (e-levy).
Delivering this year’s State of the Nation Address (SONA22) in Parliament on Wednesday, President Nana Addo said although proceedings in the House have been protracted and acrimonious in nature, “I am happy that the House has, finally, found it possible to pass the e-levy.”
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