Tag Archives: E-levy

The controversial Electronic Transaction Levy (E-levy) since it was approved in Parliament has become the worry of many Ghanaians. Some have become apprehensive about how the new tax will impact their finances, be that as it may, on May 1, the Ghana Revenue Authority (GRA) will begin its implementation. A …

President Akufo-Addo has reiterated the commitment of government to ensure transparency and judicious use of revenue mobilized through the implementation of the electronic transaction levy Act to engender confidence among tax payers.   According to the President “government agenda to introduce the electronic levy bill, is now electronic transfer levy …

Workers who receive their salaries through mobile money platforms may have to brace themselves. This is because a portion of their money is expected to be affected by the recently passed E-Levy. According to the Ghana Revenue Authority (GRA), the manner in which the controversial law was crafted makes it …

The Ghana Revenue Authority (GRA) has announced May 1st, 2022 as the implementation date for the Electronic Transaction Levy (E-Levy). In a notice, the GRA said the decision was influenced by the passage of the E-Levy bill by parliament. The E-Levy will impose 1.50% on all electronic transfers.     …

The Vice President of the 4th republic of Ghana, Dr. Mahamudu Bawumia, was silent on the controversial Electronic Transfer Levy (E-levy) during his much-anticipated economic lecture on Thursday.     The only time the Vice President came close to mentioning the tax policy was when he was talking about taxes …

The Chief Executive Officer of the Ghana Chamber of Telecommunications, Dr. Kenneth Ashigbey, has called on the government to devise a measure to disincentivise Ghanaians from cashing out from their mobile money wallets.   According to him, should the volume of electronic money transactions continue to decrease, as has been …

Sources close to the Presidency, have revealed that President Akufo-Addo has signed the E-levy Bill into law.   Speaking exclusively to JoyNews, Minister for Information, Kojo Oppong Nkrumah, confirmed that, the President gave his assent on Thursday, March 31, 2022.   As a result, the Bill, which was passed by …

Rapper Donzy says he is ready to pay E-Levy. The Tema-based rapper in an interview with Andy Dosty on Daybreak Hitz on Hitz 103.9 FM, mentioned that he does not see anything wrong with the newly introduced tax scheme.   In 2018, Rapper Donzy and music producer Ephraim vowed never …

The former Finance Minister, Dr. Kwabena Duffuor, has said the Akufo-Addo government has forced the electronic transfer levy (E-levy) on Ghanaians because he turned a deaf ear to wise counsel from economic experts such as himself.   On his Facebook page the morning after the E-levy was passed, the former …

The Ministry of Finance has released a list of questions that are likely to be asked by members of the general public in respect of the Electronic Transactions Levy (e-Levy) and provided answers to them. This follows the passage of the E-levy Bill on Tuesday, 29th March 2022,  by a …