Deputy Minister for Finance, Abena Osei-Asare, has disclosed there has been good progress in ongoing consultations regarding the proposed E-Levy introduced in the 2022 budget.
She said the consultation process will influence the outcome of the final tax instrument that will be laid in Parliament before Friday, December 17, 2021.
Osei-Asare’s comment comes ahead of the laying of the electronic levy bill in Parliament later this week and before the House rises on Friday.
Speaking on the sidelines of the public account committee sitting Tuesday, December 14, 2021, Osei-Asare disclosed that the bill is ready for laying and that the concerns of Ghanaians have duly been considered.
“I believe that we will bring the bill in and hopefully, all things being equal, it will be laid in Parliament, and all of us will see everything stated clearly in the electronic transaction levy (E-Levy).
“You can never finish consultations, so I cannot say consultations are over, but we have made very good progress in the consultation process and I believe that it will reflect in the bill that we will be presented to Parliament,” she said.
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The Finance Minister, Ken Ofori-Atta, was compelled to consult widely on the controversial 1.75% E-levy after a backlash.
Senior Presidential Advisor, Yaw Osafo-Maafo, has said the Agyenkwa 2022 Budget is one of the best ever.
According to him, the budget makes provision for youth employment through entrepreneurship as well as skills development and the introduction of the Electronic levy (E-levy) to fund entrepreneurship ventures.
The Minority and a section of the public have been fighting E-levy as poorly thought-through and could undo progress financial inclusion and efforts to make Ghana cash-lite.