We Will Resolve E-levy Issues – John Kumah

Deputy Minister of Finance, John Ampontuah Kumah, has informed Ghanaians that government is taking steps to address the early issues encountered on the first day of the E-levy implementation.

The new 1.5 percent value tax, which took effect on Sunday, May 1, 2022, has encountered a number of difficulties, including the non-application of certain tax exemptions.

Certain social media users have claimed that transactions between the same or different networks or banks owned by the same user are subject to tax, despite the fact that they are not supposed to.

However, speaking with some media practitioners in the Ashanti Region about the challenges, Mr. Kumah, who is also the Member of Parliament (MP) for Ejisu, stated that government has taken notice of the issues and has pledged that they will be handled.

“I’ve heard about some challenges [with the E-levy], and with any digital product you introduce, there are bound to be challenges,” he explained. “What matters is that as a government, we’ve built a robust system with all stakeholders, and any issues that come up will be addressed in due course.”

“I’ve heard a few folks express dissatisfaction with some exemptions that were meant to apply but aren’t. These are issues that will be addressed. However, it [E-levy] is often effective,” he continued.

Mr. Kumah urged Ghanaians to remain hopeful and optimistic about the E-potential levy’s to accelerate the country’s development process.

He expressed satisfaction over the E-implementation, levy’s which will provide the government with an additional revenue stream for development.

“Today is a terrific day for our country because we have succeeded in enacting a new tax mandate for it. Let us continue to wish for the best for this country and, in particular, let us think that E-levy will arrive and play a critical role in our national development process,” he added.

Concerning the alleged injunction sought by some members of the opposition National Democratic Congress (NDC), he stated that the government cannot be held in contempt for implementing the E-levy due to processes filed in the Supreme Court by the opposition in parliament against the tax, adding that “there is no court order, and thus we have committed no violation.” The mere fact that you have filed a request in court does not imply that you have obtained a court order,” he explained.

Source DGN