• Tue. Aug 9th, 2022

E-levy is not a tax, it’s theft – Sammy Gyamfi

ByEditor

Feb 1, 2022 , , ,

The National Communications Officer of the NDC, Sammy Gyamfi says the current government’s decision to impose a savings tax beats his imagination.

He described the Electronic Transfer Levy, often known as the e-levy, as esoteric in Ghana’s taxation framework, calling it “ridiculous .”

“We do not tax savings in Ghana under our tax regime,” he said on TV3’s New Day on Tuesday, February 1, noting the Value Added Tax (VAT) and other taxes as examples of taxation on expenditure.

As a result, he came to the following conclusion: “E-levy is not a tax.” It’s theft”

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