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BY EABW REPORTER
KAMPALA, UGANDA- The imposition of a 1% mobile money tax on every mobile money transaction should leave more than 150,000 agents mobile money or people who have earned a job through mobile commerce. Experts
Experts claim that such a tax will drive customers away, making the many agents redundant and thus losing jobs in the long run.
"Most mobile money agents have spent most days Monday and Tuesday sleeping in their kiosks.This is because there were no customers to serve, "said an expert who preferred anonymity.
On July 1, Uganda began to implement all taxes that were adopted in the 2018/19 budget. Some of the taxes that have alarmed the general public are the 1% levy on all mobile money transactions, the Ush200 to have access to all OTT services per day and the 0% increase on fuel . Ugandan State Planning Minister David Bahati said on Monday that the 1% mobile money tax should not apply to those who intend to pay. digitize information in cash on their personal mobile phones
. Speaking to the media said that the 1% tax should be levied on mobile money transactions and not on individual account deposits.
"People who use mobile money transactions to file should not be billed as in the early days of the process of implementing the tax on mobile phones." Bahati statement came a few days after telecom companies began to apply the 1% tax on all mobile money transactions, including deposits.
This has created a number of transactions. Ugandan unhappy, with d & # 39; Others who are already bringing the government to justice for what they call double taxation.
Bahati, however, has stated that the 1% tax will apply only to the transactions of foreigners. sending, receiving, withdrawing and paying.
Bahati said that $ 101 trillion of GDP, $ 62 trillion is handled by mobile money and if mobile money is taxed, revenue generated will help Uganda to develop.
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