The Minority in Parliament says the government’s intention to tax mobile money transactions must be aborted immediately.
Addressing a roundtable breakfast discussion in Accra, a ranking member of the Finance Committee of Parliament, Mr. Casiel Ato Forson said the plan to tax mobile money users constitutes a threat to financial inclusion and economic growth in the country.
He indicated that this insensitive ‘mobile money umbrella tax’ will affect millions of Ghanaians who use their mobile phones to transfer money to relatives.
Mr. Ato Forson observed that it is an indirect way of taxing transactions such as transfers of school fees and medical bills.
He charged the government to provide some relief to low-income families from this “chop money” transfer tax.
The discussion, which was under the theme ‘Meeting with Stakeholders on 2018 Budget and Economy Policy, reviewed the performance of the economy on the basis of the 2017 budget.
It also stated the Minority’s expectations and predictions for the 2018 budget, which will be presented on Wednesday, the 15th of November, 2017, by the Finance Minister, Mr. Ken Ofori-Atta, in Parliament.
