The Ministry of Finance has revealed that all the processes for the collection of the controversial Electronic Transactions Levy (e-levy) on mobile money transactions, inward remittances and ATM withdrawals will be done by the Ghana Revenue Authority (GRA).

According to the Ministry, allegations making rounds that a private company has been awarded a contract to collect the E-Levy and that the services of the said private company have now been abrogated are not true.

The Ministry, in a statement sighted by InsiderGH.com said, “GRA will manage all discussions to ensure full deployment of their current platforms and resources for the collection of the e-levy.”

The statement further explains that the GH241 million is a reserve that is intended to be put aside to facilitate GRA’s collection of these resources.

“We wish to reiterate that; the E-Transaction Levy remains one of the efficient means by which Government would be able to raise the needed revenue to support the economic development programmes for 2022,'” the press statement stated.

This comes a public uproar that government should drop the allocation of GH¢241,933,000 for the e-transaction levy services to an alleged private company.

The issue about the GH¢241 million set aside for revenue assurance for the electronic levy deductions was first raised last week by the Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa.

According to Ablakwa, the allocation is needless and does not pass any test of accountability.

“We take the view that over the last four years, the Ghanaian taxpayer has been burdened with billions of cedis in the name of revenue assurance contracts and arrangements and so you can speak to the KelniGVG and the rest, and they are very costly…. We should by now be having very adequate and reliable systems if we are getting value for money for all of these arrangements. We do not need another entity to be granted such a colossal amount in the name of revenue assurance,” he said.

Ablakwa further stated that they “shall be demanding full disclosure in Parliament on this apparent sweetheart deal. Taxing the poor to make the rich richer. This is most unconscionable.”

Source: InsiderGH.com

Send your news stories to info.insidergh@gmail.com and via WhatsApp on +233 20 290 5827