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E-Levy might be cancelled – Top government official discloses

According to a senior New Patriotic Party (NPP) official, the contentious E-LEVY will be repealed in the near future.

It would be advisable for the Ghanaian government to discontinue the E-LEVY, according to Obuasi MP Kwaku Kwarteng, because it hasn’t produced many benefits.

His remarks follow those of Gabby Otchere-Darkod, who expressed surprise at how unimpressive the E-LEVY has been since its implementation in May 2022.

The unanticipated failure of the E-LEVY was attributed by the de facto Prime Minister to Ghanaians’ failure to pay taxes.

E-Levy might be cancelled – Top government official discloses

The head of the parliamentary finance committee, Mr. Kwarteng, stated on Joy FM that the government would abandon the E-LEVY scheme if its poor performance persisted.

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“In fact, there is a sense in which the implementation has not fully even began and I say that because the e-levy is supposed to be collected on an electronic platform so that if you’re paying a 100 cedis by your momo if you try to pay the next 100 through your bank account, the system would know that you have already exhausted your threshold. That platform has not come into effect yet.

“Because it hasn’t come into effect, real-time monitoring is not possible. So even the figures we are seeing, I’m not sure we have collected from all the collecting agencies. What GRA is trying to do whilst they now seek to complete the building of the platform is to let the collecting agencies to declare.

When they declare, I doubt if the GRA has even had the opportunity to audit. Then they will now take steps to audit. All that hasn’t happened,” he said.

“So even these figures that are being thrown out I don’t know if they’re right. Let us have patience, the e-levy is a policy that went through a lot before we could pass it, let us take our time. If eventually, it turns out not to be a helpful policy, the government itself will withdraw.

“But now, I think it’s early days yet and please let the media not start this discussion about a big policy like this that you would say has probably failed because somehow we expected that you start the policy and immediately the money will be coming in. We’re not going to get that,” he said.

Akosua Boatemaa

I'm Yours Truly, Blogger Akosua Boatemaa. I'm here to feed Your eyes and Ears with Authentic News Updates.

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