This Is How Much You Are Paying On Each Transaction If The E-Levy Approved

In November 2021, the Minister of Finance, Ken Ofori-Atta announced that the government intends to introduce an electronic transaction levy (e-levy) in the 2022 budget.

According to Ken Ofori Attah, the E-Levy was to “widen the tax net and rope in the informal sector”.

The proposed levy, which will come into effect on 1 February 2022, is a charge of 1.75% of the value of electronic transactions. It covers mobile money payments, bank transfers, merchant payments, and inward remittances. The originator of the transactions will bear the charge except for inward remittances, which will be borne by the recipient. There is an exemption for transactions up to GH¢100 ($16) per day.

Well, it’s still a few days to the due date and the minority in parliament insists the E-Levy is unhealthy for the ordinary Ghanaian as far as financial transactions are concerned.

See screenshot below;

InIn the video, we could see the interior of the vehicle looking corroded and frail that could be mistaken for scrap use yet this unidentified driver would rather not abandon it regardless of the danger it poses as the state of the gear is something to worry about as far as driving is concerned.

From a different perspective, it looks as though the car was now being started as the driver whose face was not captured in the video struggled to change the gear to the preferred position.

Watch the video below;