Gov’t to begin implementation of 1% E-Levy tomorrow
Gvernment, via the Ghana Revenue Authority [GRA] starting Wednesday, January 11, 2023, will begin the implementation of the 1% Electronic levy charge on mobile money transactions.
The implementation of the revised E-Levy rate follows the directive from the Commissioner General of the GRA, Rev. Dr. Ammishaddai Owusu-Amoah.
A statement from the Ghana Chamber of Telecommunications aftermath the directive, assured the general public that its members are working assiduously with the GRA and other key institutions, to ensure a seamless implementation of the revised E-Levy from January 11, 2023.
“The Chamber would like to assure the general public that its members are working assiduously with the GRA and other key institutions, to ensure a seamless implementation of the revised levy from Wednesday January 11, 2023”.
“As captured in the Electronic Transfer Levy (Amendment) Act, 2022, Act 1089 which has been passed by parliament and assented to by the President, the levy on electronic transfers has been reduced from 1.5% to 1%, while the GHS 100 threshold remains unchanged”, read the statement.
The E-Levy was introduced in the 2022 budget as additional revenue mobilisation handle to support government’s quest to undertake some critical projects and improve the quality of service for the telecommunication industry.
