Sam Nartey George, the Deputy Ranking Member of Parliament’s Communications Committee, has expressed worry over the government’s readiness for the implementation of the Electronic Transfer Levy (E-levy).
According to him, the system acquired to aid in the implementation of the tax policy is incapable of identifying exempted transfers.
He said that the Ghana Revenue Authority (GRA) has recognized that once the system is in place, all transactions would be subject to a 1.5 percent fee since crucial analysis that would allow it to work has not yet been completed.
“Imagine what is going to happen to mobile money agents on the street when customers are charged the rate government has clearly stated that they are exempted. Won’t people attack them for fraud? But this is simply because the GRA and the Finance Ministry have failed to do their work properly,” he stated.
He continued, “everybody is telling them that their systems are not ready, you haven’t done your user acceptability test, compatibility test, stress analysis test, so slow down, but they [government] don’t want to listen to sound advice.
The Ningo-Prampram legislator disclosed on Joy FM’s Midday News on Thursday that, despite warnings from many stakeholders, the administration appears unconcerned about the matter.
“They are running their thing without consulting Parliament or the Communications Committee. But I know that technical people in the industry who are supposed to be part of the implementation are raising issues and they are not getting the responses that they want,” he said.
Following the passing of the controversial E-Levy Bill, GRA stated that it is fully prepared to implement it on Sunday, May 1, 2022.
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SOURCE: myjoyonline
