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John Kumah insists new tax is positive news for Ghana

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Wed, 6 Apr 2022 Source: www.ghanaweb.live

E-Levy bill passed

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E-Levy revised to 1.5%

E-Levy to widen tax net


Deputy Minister of Finance, John Kumah, has insisted that the E-Levy is a good tax despite several backlashes from the minority.

According to him, the E-Levy was a critical component of the government's revenue generation measures thus passing it was crucial.

He assured that the passage of the E-Levy is "positive news for Ghana".

Speaking to the media at IMANI's economic forum, he stated that the E-Levy will help to create jobs for the youth in the country and help finance government debt and also ensure that the country's roads are fixed.

The E-Levy was passed in parliament after several controversies. The 1.5% levy according to government is to widen the tax net and help government generate revenue internally.

"We strongly believe that with E-Levy we will be able to meet our target in the 2022 budget".



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Source: www.ghanaweb.live
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