Tag Archives: E-levy

Former Finance Minister Dr Kwabena Duffuor has suggested that the Akufo-Addo government should scrap the Electronic Transfer Levy (E-Levy) if it is not generating enough revenue as expected. He described the E-Levy as a “nuisance tax” and said that it should be scrapped if it is not meeting its revenue …

The Ghana Chamber of Telecommunications will commence the implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% from today, January 11, 2023. The government presenting the 2023 Budget and Economic Policy Statement, reviewed the 1.5 percent electronic transaction levy downwards to 1 percent effective January 2023. The reduction …

The government has reduced the Electronic Transfer Levy rate from 1.5% to 1%. The daily transaction threshold has also been removed. This, according to the government, will allow more Ghanaians to use the service. This was announced by the Finance Minister, Ken Ofori-Atta on Thursday, November 24, during the 2023 …

A new Afrobarometer study has shown that a large majority of Ghanaians oppose the Electronic Transfer Levy (E-levy) because they think “it is a bad idea and will mean a greater tax burden on citizens.” The survey adds that many do not trust that the government will even use the …

The Ghana Revenue Authority (GRA) has announced new E-Levy charges after the full implementation of the tax on a common platform. Prior to the full implementation, customers were allowed to enjoy some exemptions per wallet, per account making it possible for customer with two different accounts to enjoy some exemption …

The Ghana Revenue Authority (GRA) has written to clarify misleading reports on social media which claim that starting July 1, merchant SIMs will be charged the E-levy. According to the GRA, per the legal framework governing the operation of the e-levy – Electronic Transfer Levy Act, 2022 (Act 1075) – …

A leading member of the New Patriotic Party (NPP), Gabby Otchere Darko has said that the e-levy, after its implementation on May 1 2022, is delivering only 10 per cent of estimated income. The former Executive Director of the Danquah Institute lamented the low revenues in Ghana as compared to …

The Ghana Revenue Authority (GRA) has begun refunding wrongful deductions from mobile money users, a few days into the implementation of the Electronic Transfer Levy also known as E-Levy. Some members of the public complained of what they described as excess charges after carrying out mobile money transactions below the …

The current state of the world’s economy and it’s devastating nature has made competent leaders across the globe to adopt new systems that can help them overcome the debilitating effects of the Covid-19 shock.  In fact, Ghana is been recognized as one of the best managers of Covid-19 by the …

The Ghana Revenue Authority (GRA) will investigate and refund all wrongful deductions from customers’ mobile money wallets during the first day of the implementation of the Electronic Transaction Levy (E-levy). This is due to some technical hitches experienced on the day by some consumers on the various networks. It indicated …