Ghana Cedi

Ghana Second-hand Cloth Dealers Association has charged the government to ensure transparency and accountability of the use of revenue generated from the e-levy.

According to them, it is the responsibility of every citizen to pay taxes and the government must also ensure that the money is used for the intended purpose to promote development.

“It is obliged for every citizen to pay tax, if the E-levy will help the country raise revenue, then the money raised should be used for the right thing. The government should not use the taxpayer’s money for his parochial interest” Patron for Ghana Second-hand Cloth Dealers Association, Oscar Paul Ankoma said in an interview monitored by Ghanaweb.Mobi.

He stated that though the introduction of E-levy has affected businesses if the people see that their money is being put to good use, they would pay to enhance national development.

He, therefore, called on the government to ensure proper education on the E-levy to ensure that workers in the informal sector pay personal income tax.

The Ghanaian Parliament has approved a new electronic transaction tax which the government says will help raise $900m in much-needed revenue but has sparked widespread popular criticism.

The E-levy bill, passed on Tuesday, March 29, 2022, will introduce a 1.5 percent tax on electronic money transfers and transactions.

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