NPP’s Honorable Kennedy Osei- The Purported Calculation Of E- Levy Is Misleading

Hon. Kennedy Nyarko Osei, the member of Parliament for Akim Swedru Constituency, in Eastern Region believes that the circulating picture showing calculations of the amount of money to be deducted after E-Levy is introduced is false and misleading.

In a post shared on his official Facebook page on Thursday, January 28th 2022 he wrote;

“I have just sighted this purported calculations by someone being shared around. First of all the entire calculations are not only false but also misleading. I will entreat those who have widely shared it to pull it down from their walls.

Now let me do a little bit of education here.

For example is person wants to send a momo of 150.00 to someone it’s only on the 50.00 that the 1.75% will be applied. First 100.00 of every transaction you do is exempted. For example if you decide to send a 1000 to a friend or a family member you will only pay the 1.75% on 900.00.For the avoidance of doubt let’s say I am sending 200.00 to my son or Daughter in school I will only pay GHc1.75p as e-levy fees because you are exempted for the first 100.00

Now MTN has decided to reduced it charges to 0.75% so whilst MTN will be applying the 0.75% on the 200.00 you are sending for the day Government will rather be applying the e-levy on only 100.00 and not on the entire 200.00

It’s therefore misleading for anybody to believe what people are sharing because it’s totally false and inaccurate.” He concluded.

Sources

Content created and supplied by: Currentworldnews (via Opera
News )

Akim Swedru
Eastern Region
Kennedy Nyarko Osei
Kennedy Osei-
NPP