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Low revenue from e-levy means you need to listen to the concerns - Edudzi tells govt | 3NEWS.com

Low revenue from e-levy means you need to listen to the concerns - Edudzi tells govt | 3NEWS.com

A private legal practitioner Mr Gordon Edudzi Tameklo has said the government needs to listen to the concerns raised against the implementation of the e-levy.

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In his view, the failure of the e-levy to generate the expected revenue clearly tells the government to act expeditiously in addressing the concerns.

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Analysts have suggested ways that can enable the government to generate the targeted revenue from the policy.

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Speaking in an interview with TV3’s Alfred Ocansey on the Ghana Tonight show, he said the e-levy cannot be scrapped now because the telecommunication companies have invested in it.

If we reduce the rate the needed revenue will be met.

Expected revenue from the e-levy has been revised downwards from the initial ¢6.9billion as stated in the 2022 budget statement to ¢611million in the mid year budget review.

Regarding Value Added Tax (VAT) the expected revenue has been adjusted upwards from the initial ¢14,534,864,446 to ¢15,402,925,770.

Source: 3News
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