After many brawl in Ghana’s Parliament over the proposed Electronic Levy bill, Parliament finally passed the bill on Tuesday, March 29, 2022, in the absence of the Minority MPs, who had walked out before the Bill was considered at the second reading stage. The E-levy bill will introduce a 1.5 per cent taxation on electronic money transfers.
According to the ruling government, the electronic transaction tax will help raise over 900 million dollars, and address the problems of unemployment and high public debt in the country.
While some section of Ghanaians accept the bill, others also opposed to the passage of the electronic levy bill; with the reason that, it will add up to the many existing difficulties in the country.
The latest study, by the Global Info Analytics, a polling in Ghana revealed that, only 40 percent of Ghanaians will be transferring money electronically, if it is really necessary following the approval of the Electronic Transfer Levy (E-levy).
The survey, which aims at finding out how Ghanaians are responding, to the approval of the controversial E-levy shows that, 18 percent of the 5,182 respondents sampled for the survey said they will find an alternative to avoid the E-levy. 26 percent will be withdrawing their funds, while the remaining 7 percent said they don’t use Mobile Money (MoMo).
The Global Info Analytics again revealed in their study, that “On the political side of things, 45 percent of those who will use MoMo… regardless of the approval of the levy lean towards the New Patriotic Party (NPP). 33 percent have an affiliation with the opposition National Democratic Congress (NDC), while 41 percent are Floating Voters”.
It again revealed that, “For respondents who fall into the category of complete withdrawal of funds, 18 percent and 36 percent are sympathisers of the NPP and NDC, respectively. 22 percent are Floating Voters. 17 percent of those who said they would find alternative ways of transferring funds, to avoid the tax are NPP sympathizers, 19 percent are NDC sympathizers, with 19 percent being Floating Voters”.
According to the Global Info Analytics, with those who Respondents feels, that the passage of the E-levy will have no effect on their MoMo transactions, the NPP sympathizers are 13 percent; NDC 6 percent, and Floating Voters 10 percent.
“The last set is those who do not have MoMo. They responded with party affiliations as follows: 7 percent (NPP), 6 percent (NDC), and 8 percent (Floating Voters)”, the survey added that.
Beside your political Party affiliation; do you support the passage of the e-levy bill?
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