Politics News

1.75% Mobile Money Tax Draconian – Nana Aba Anamoah Bites Government

Broadcast journalist, Nana Aba Anamoah has weighed in on the fast-growing dispute about the 1.75 percent Electronic Levy.

To make her case, the powerful media figure used Vice President Bawumia in an August 2020 interview with Kwame Sefa Kayi of Peace.

According to Dr Bawumia, he does not believe in taxing Mobile Money transactions because the majority of those who use the service are impoverished.

After a year, the government has imposed a 1.75 percent surcharge on all electronic transactions above GHs100.

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The majority of Ghanaians use mobile money transactions on a regular basis. It is the most common method for rural residents to receive remittances. As a result, Nana Aba Anamoah contends that the 1.75 percent is harsh and severe.

“So, what’s new? What went wrong? What was the source of the 1.75 percent? This is a draconian measure “, she declared.

Mr Ken Ofori Atta revealed the Electronic Levy in Parliament on Wednesday during his presentation of the 2022 budget. According to the Finance Minister, the goal is to raise more income in order to create more job possibilities for young people and address infrastructure issues.

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