SOUND: Tax Funeral services, chiefs who sell lands not really MOMO transactions – Odike on E-levy

Owner and Leader of the Usa Progressive Party (UPP) Akwasi Addai Odike has explained the proposed 1 . 75% levy on electronic monetary transactions as repressive plus a “carbon copy of IMF conditionalities. ”The so-called E-levy proposed by the Minister associated with Finance in the 2022 Spending budget Statement aims to make some 6. 9 billion dollars Ghana Cedis annually plus replaces the funds that will have been accrued from the selection toll levies on roads, which the ministry estimates to get been raking in only GHC 78 million. But talking on Kumasi-based Angel FM monitored by MyNewsGh. possuindo today, Akwasi Addai Odike said the approach to taxes people even before they make any kind of income only goes to impoverish rather than empower them. This individual challenged the government to forget the idea of taxing mobile cash transactions that would affect the bad and rather look at raking income from informal resources like funerals and property sales by chiefs. This individual said those who provide solutions at funerals like the undertakers, caterers and others walk house with huge monies without having to be taxed.
“An undertake can charge over GHC 10, 000 for focusing on only one corpse on a Sunday and walk away with all the money without paying any taxes on the incomes; chiefs also market large tracts of property without paying any taxes yet expect their towns to become developed, it is high time the federal government looked at taxing all those activities”, Odike said. Source: MyNewsGh. com|| Edward Amagyei Naaso|| 2021
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