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Saturday, August 13, 2022
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What’s trending on social media

As reader may have it, E-Levy is trending on social media because it will be effective in the next 40 days.

It would be recalled that during the 2022 budget reading in parliament, Finance Minister Ken Ofori-Atta announced the imposition of a 1.75 percent tax on all electronic transactions starting November 17, 2021.

This new mandate, he claims, is part of a strategy to broaden the country’s revenue base.

He went on to say that the 1.75 percent tax is also intended to increase financial inclusion and protect the country’s most vulnerable citizens.

Many Ghanaians have however shared their displeasure at the introduction of the new tax, which they say will hamper the effectiveness of the cashless society the government hopes to achieve and overburden the poor.

Here are some of the tweets:

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