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Salaries paid via MoMo will attract E-Levy – GRA

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, Salaries paid via MoMo will attract E-Levy – GRA, Frederick Nuetei

The Ghana Revenue Authority (GRA) has indicated that workers who receive their salaries through mobile money platforms will have E-Levy charges on them.

According to a Principal Revenue Officer and Head of the Project Management Unit at GRA, Isaac Kobina Amoako, workers should brace themselves for this, starting May 2022.

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“… salaries are paid from their bank accounts onto mobile money platforms, the 1.50% fee will be deducted into the government coffers.”

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The incident of the E-Levy charges on salaries paid via MoMo will be on the employer and not the employee. He stated that this is because a portion of their money is expected to be affected by the recently passed E-Levy.

Mr. Amoako explained that the controversial E-Levy is structured so that tax is factored into all revenue mobilisation streams. In an interview with Joy News, the GRA official added that the Authority is ready to implement the E-Levy from May 1.

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The official further explained that the current framework created by the law as it stands does not distinguish a corporate mobile money account and an individual mobile money account.

For the banks, the disbursements from corporate accounts were not mentioned so it is clear that one is exempt. But in the MoMo, there was no distinction between the corporate MoMo account and the individual MoMo account,” he told JoyNews.

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He also revealed that this will also affect loan disbursement among other banking transactions. He concluded by saying E-Levy will not be charged on salaries paid through the traditional way, i.e banks.

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Frederick Nuetei Nortey known professionally as Frederick Nortey is a Ghanaian Celebrity Blogger and publicist.He founded fredericknuetei.com an entertainment website and blog that primarily publishes news about Ghanaian Celebrities.

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Ghana News

Dr. Bawumia rewards Takoradi taxi driver who returned a passenger’s money

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, Dr. Bawumia rewards Takoradi taxi driver who returned a passenger’s money, Frederick Nuetei

The Vice President Dr. Mahamudu Bawumia has given a sum of GHS20,000 to Kwesi Ackon, a driver who returned a passenger’s GHS8,000 in Takoradi.

Dr. Bawumia made the donation through investigative journalist Manasseh Azure Awuni.

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In a report by thefourthestategh.com, it said that some good news has come to the driver as he has been presented with a cash donation of GH¢20,000 on behalf of the vice president.

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“Among them was Vice President Dr Bawumia, who donated GH¢20,000 to reward Mr. Ackon for his honesty and exemplary show of integrity. “Manasseh presented an additional GH¢2,500 from two other unnamed donors, making the total of GH¢22,500,” the report said.

A taxi driver earned plaudits on social media after a video of his act of sincerity went viral. As shared by Okay FM, the taxi driver returned a substantial amount of money left in his car by one of his passengers.

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According to reports, the passenger, a fishmonger, chartered the driver last Friday, May 6, and forgot her money in the cab.

But upon seeing the money in the car the following day, this good samaritan driver returned it to the woman in her house, where she dropped her off.

A video of the fishmonger and driver has since gone viral on Ghana’s social media, with many Ghanaians praising the cab driver for his good deed.

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Dr. Kofi Amoah urges Elon Musk to buy Africa and delete all the leaders

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, Dr. Kofi Amoah urges Elon Musk to buy Africa and delete all the leaders, Frederick Nuetei

Ghanaian business mogul,  Dr. Kofi Amoah, wants Elon Musk to buy the African continent and fire all of its leaders.

Musk, who is a billionaire and the founder and CEO of SpaceX, recently splashed $44 billion to acquire the social media platform Twitter.

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The 50-year-old’s audacious takeover sent the internet into a frenzy, with netizens making jokes about what else his money could buy.

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In a tweet earlier in the week, Musk suggested he was going to buy Coca-Cola next, adding that he’d “put cocaine back” in the beverage if he’s successful.

While the post received several reactions, Dr. Amoah also waded in by asking the investor to buy the African continent.

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“Hei Bro… buy the African continent and delete all the leaders; what a noble goal,” Dr. Amoah commented beneath Musk’s tweet.

Like Musk, Dr. Amoah is in his own right a very successful businessman, having previously served as President of the GFA’s Normalisation Committee.

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The business mogul was the one who conceived the idea and pushed for Western Union to extend its operations to African countries.

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He is also the CEO of Progeny Ventures and served as the Chairman of the Local Organising Committee when Ghana hosted the 2008 Africa Cup of Nations (AFCON).

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