Is Ghana’s E-Levy, Heavy? | GRA to tax Online Business and Fintech | PodBites Ep.17

2022 is looking to be another difficult year for online businesses and even consumers in Ghana. Ghana wants to increase tax revenues by adding a levy on mobile money payments, bank transfers, merchant payments and inward remittances. Ghana's Finance Minister Ken Ofori-Atta announced back in November 2021 the introduction of the E-levy; a tax being passed onto Mobile Money (MoMo) Transactions. Is the introduction of Ghana's E-levy (Electrical transaction levy) fair or another way of Government passing on taxes to the Ghanaian people? Would the GRA taxing online businesses hinder Ghanaian's FinTech Startup industry? Tweet us, @thesoundofaccra and use hashtag #elevy to continue the conversation Subscribe on YouTube: youtube.com/thesoundofaccrapodcast RATE THIS PODCAST ON APPLE OR SPOTIFY SOCIAL MEDIA Website: https://thesoundofaccra.com Instagram: https://www.instagram.com/thesoundofaccra/ Twitter: https://twitter.com/thesoundofaccra Facebook: https://web.facebook.com/thesoundofaccra Linkedin: https://gh.linkedin.com/company/the-sound-of-accra LISTEN TO MORE EPISODES https://linktr.ee/thesoundofaccrapod Support the showLISTEN TO MORE EPISODES BELOW https://thesoundofaccrapodcast.buzzsprout.com/ ALL OF OUR OTHER LINKS https://linktr.ee/thesoundofaccrapod