LIFESTYLENEWS

Cameroonians fight their government over 0.2% Mobile Money tax

Cameroonians started the New Year with a new tax and it was the mobile network operators that sent them a reminder of the particular tax.

 

That tax is the 0.2% Mobile Money tax, which is expected to be levied on the transfer and withdrawal of money via the platfor

One network provider circulated the following message to subscribers: “Dear valued client, in the application of the Finance Law, starting 01 January 2022, a 0.2% tax is applied to transfer and withdrawals. Thanks for your understanding.”

 

Here in Ghana, it took the stiff opposition of Minority lawmakers to torpedo the Electronic Transactions Levy (E-levy) Bill. Ghanaians would have started the year with a similar tax component pegged at 1.75

 

When Parliament reconvenes later this month, it is expected that processes will be undertaken by the government side to pass the Bill into la

The NDC has stressed its continued opposition to the levy that was contained in the 2022 budget presented in Parliament by Finance Minister Ken Ofori-Atta in mid-November.

 

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