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What you need to know about the e-levy on Momo, Bank transactions

The government announced Wednesday that e-levy of 1.71%  will be slapped on every electronic transaction in the country.

Finance Minister, Ken Ofori-Atta made a disclosure of the e-levy when presenting the 2022 Budget and economic planning policy on Wednesday.

This is one of the measures the government is adopting to ensure a large number of Ghanaians pay taxes to help develop the country.

The Government of Ghana says it recognises the need to be at the forefront to promote the building blocks for an inclusive and sustainable recovery post COVID-19.

Below is a breakdown of the e-levy

 

Source: Myxyzonline.com|Ghana

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