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Utility, DStv, Tithe Payment Will Not Attract E-Levy

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Payment of utility and DStv bills will not attract Electronic Transfer Levy (E-Levy), a member of the E-Levy Committee Patrick Frimpong-Danso has said.

Parliament on Tuesday (29 March) passed the E-Levy by a vote of MPs from the Majority Caucus of the House after the Minority staged a walkout.

“Any utility payment you make is not taxable …It is therefore clear that the E-Levy tax is not going to include every electronic transaction you make. When you are making payment to DStv for example, it is not taxable under the E-Levy law,” Frimpong-Danso said on The Asaase Breakfast Show on Thursday (14 April).

“Making payments to a church does not attract a tax because churches also make some payments to the GRA and fall into the ‘specified merchant’ category who do not attract the E-Levy tax,” he told Kwaku Nhyira-Addo.

“When a merchant is registered with the GRA then when making transactions with them, it comes at a no cost, but those who are not will require that you pay more. When you are sent money from abroad, it is not taxable, neither are you taxed when you deposit money in your account [Momo] and bank linked with the same Ghana Card,” he added.

Frimpong-Danso advised Ghanaians to ensure they link their Ghana Card to their Momo wallets and bank accounts in order to enjoy some benefits under the law.

“It will get to a time that if you are not registered with GRA [as a mobile money user] then [people] making transactions with you will have to pay more.

“The way we will recognise that you are moving money into your own bank account is through a linked Ghana Card … it is essential then that you get your Ghana Card,” he said.

Source: asaaseradio

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