E-levy a defeat for Ghana’s digitisation agenda – Manasseh Azure

Investigative Journalist Manasseh Azure provides believes that the digitisation plan by the current government is going to be defeated with the introduction from the e-levy. He believes that will Ghanaians are rational customers who will switch to cash plus use electronic payments only if it’s extremely necessary. Manasseh Azure predicts that Momo transactions will drop using the introduction of the e-levy which usually he describes as a sluggish way to raise cash by government. “One thing can be sure. People are generally logical consumers. They will switch to money and use electronic obligations only when it’s extremely required. Momo transactions will fall. The digitisation and digitalisation agenda will be defeated, ” he said in a submit shared on social media. The particular Investigative Journalist taking on fights about paying 1% (10 Cedis maximum) to the telcos, why do we have any difficulty paying 1 . 75% towards the government as tax stated “The telcos are offering something. Instead of walking or generating to the bank to send cash, the telcos say I could do that while eating TZ and dry okro soups at home. For that service, they may be charging me a fee associated with 1% of the transaction. To be able not to affect me a lot, they don’t go beyond ten cedis even if I’m moving 10, 000 cedis”. Yet “The government isn’t supplying any service. It is just saying that, for enjoying that will comfort, people have to pay the tax. And we don’t also know if it will be assigned as the telcos do”. Authorities in the 2022 budget offers hinted that it intends in order to introduce an e-levy to boost money for their country. The federal government intends to introduce the 1 . 75% e-levy upon all transactions made upon mobile money. Read Manasseh’s full post Manasseh Violet Awuni writes: DUMB POINT ALERT***************************Some proponents of the E-Levy are arguing that if we have been okay paying 1% (10 Cedis maximum) to the telcos, why do we have any issue paying 1 . 75% towards the government as tax? The particular telcos are offering a service. Rather than walking or driving towards the bank to send money, the particular telcos say I can do this while eating TZ plus dry okro soup in your own home. For that service, they are getting me a fee of 1% of the transaction. In order never to affect me so much, they will don’t go beyond 10 cedis even if I’m transferring ten, 000 cedis. The government is not providing any service. It really is simply saying that, for taking pleasure in that comfort, people have to pay for a tax. And we do not even know if it is going to be capped as the telcos perform. One thing is sure. Individuals are generally rational consumers. They are going to switch to cash and make use of electronic payments only when it is extremely necessary. Momo dealings will drop. The digitisation and digitalisation agenda is going to be defeated. And whatever advantages that would have accrued from this, including widening the taxes net, will be negated. Which is coming from a group of people which promised to switch from taxation to production, those who guaranteed to seal the leaking instead of burdening Ghanaians along with tax. Is this what they supposed when they said they were much better manages of the economy? Resource: MyNewsGh. com/ 2021
Send out your news stories in order to [email protected] plus via WhatsApp on +233 202452509