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Ofori-Atta says E-levy deductions will start in May

Joynewsroom by Joynewsroom
March 30, 2022
in News
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Ofori-Atta says E-levy deductions will start in May

Finance Minister Ken Ofori-Atta has revealed that the implementation of the e-levy will start in May this year.

He said that is the assurance he has been given by the Controller and Accountant General and the Ghana Revenue Authority (GRA), who will be the revenue collectors.

“We had some meetings with Controller and Accountant Generals Department (CAGD) and the Ghana Revenue Authority (GRA) and they have said right at the beginning of May they should be able to put their system together,” he told TV3’s Roland Walker in Parliament after President Nana Addo Dankwa Akufo-Addo delivered the State of the Nation Address on Wednesday March 30.

The E-levy was passed by Parliament on Tuesday March 29 after the third reading in the House. The Minority staged a walkout during the second reading. They walked out after Mr Iddrisu said the NDC MPs remain united in opposing the policy.

Contributing to the E-levy debate on the floor of the House, he described the policy proposal as punitive which if approved will further increase the “the high cost of doing business in the country.”

“E-levy is the nuisance of nuisance tax,” he said, adding that “businesses are suffering under your watch. We are united that we will not support E-levy, we will not vote for E-levy.”

The Minority has served notice to challenge the approval in court.

Haruna Iddrisu described the approval as illegal and unconstitutional because in their view, the Majority did not have the right numbers to pass it.

“This is a charade,” he said at a press conference in Parliament, adding that “there is no E-levy.”

“The majority of less than 137 conducting businesses only proceeded on illegal and unconstitutional business. Parliament did not have the numbers to take any decision that should binding Parliament and Ghanaians,” he added.

But Mr Ofori-Atta said it is within their right to go to court but added that Parliament had the required number in the House to pass it.

“If somebody has issue they got to court, I don’t think there is anything dramatic about it. I think we had the quorum,” he said.

Source: 3news
Tags: E-levyFinance MinisterParliament
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