Workers who get hold of their salaries via mobile cash structures may also should brace themselves.
This is because a portion in their money is expected to be stricken by the currently passed E-Levy.
According to the Ghana Revenue Authority (GRA), the way wherein the arguable law changed into crafted makes it vital that the tax is factored into the revenue mobilisation stream.
Following the passage of the Electronic Transfer Law, the GRA has indicated its readiness to put into effect it from May 1.
A Principal Revenue Officer and Head of the Project Management Unit on the Authority informed JoyNews that salaries are paid from their bank accounts onto mobile cash platforms, the 1.50 fee might be deducted into the government coffers.
Isaac Kobina Amoako made this recognized on The Probe during a discussion to demystify the brand new tax.
Speaking on Sunday, the official defined that the present day framework created through the law because it stands does not distinguish a company mobile money account and an person mobile money account.
“For the banks, the disbursements from company accounts have been now no longer noted so it's far clear that that one is exempt. But withinside the momo, there has been no difference among the company momo account and the person momo account,” he informed Emefa Apawu.
He found out that this could additionally have an effect on loan disbursement among different banking transactions.
These concerns, Mr Amoako says, might be forwarded to the Finance Ministry with the hopes of getting them addressed.
He opined that the ability demanding situations which can accompany this case have come to the GRA’s attention.