Ghana’s Minister for Finance, Ken Ofori-Atta, has established that the planned e-levy tax would give Ghanaians greater moral rights to demand from the government.
Mr. Ofori-Atta said this at the latest town hall to persuade Ghanaians to accept the controversial tax.
He said the e-levy will help achieve “the Ghanaian dream.” And that is exactly what we should be doing after we pay our taxes.
To strengthen our nation, we must all share the load, and we must all work together,” the minister stated.
The administration says the fee is needed to broaden the tax base. The government anticipates the fee to generate GHC 6.9 billion in 2022.
To fund road infrastructure development, the budget allocates 0.25 percentage points of the 1.75 percent e-transaction fee, or 16.7% of the levy’s return.
10% of the 0.25 percentage points, or 1.67 percent of the levy’s revenue, would go to public transit, including bus purchases.