E-Levy scrapped; GRA orders refunds for post-April 2 deductions
By: Sarah Baafi The Ghana Revenue Authority (GRA) has officially announced the abolition of the 1% Electronic Transfer Levy (E-Levy), marking a significant shift in the country’s tax policy. This follows President John Mahama’s assent to the Electronic Transfer Levy Act, 2022 (Act 1075) and its Amendment Act, 2022 (Act 1089). Effective from midnight on […]
Finance Ministry proposes 88% increase in road tolls
The Ministry of Finance has proposed an 88% increase in Road Tolls to the Ministry of Roads and Highways for reintroduction of the Toll’s Amendment Fees and Charges. Government in the 2023 Budget Statement and Economic Policy hinted of reintroducing the road tolls with the Ministry of Finance seeking to amend the fees and charges […]
Peter Terkper says E-Levy should be reduced drastically as Revised E-Levy takes effect Jan. 11
The Ghana Chamber of Telecommunications, says it is working with the Ghana Revenue Authority, GRA and Electronic Money Issuers or Operators of Mobile Money Services and other key institutions to ensure a seamless implementation of the revised Electronic Transfer Levy (E-Levy) rate of one percent, effective Wednesday, January 11, 2023. As captured in the Electronic […]
E-levy to be reduced to one percent -Ofori-Atta
Finance Minister Ken Ofori-Atta says the government will reduce the headline rate of the Electronic Transaction Levy known as E-Levy from the current 1.5 per cent to one per cent. Also, the tax-free daily threshold on the first Ghc100 electronic transaction would be removed. Mr Ofori-Atta said the move was one of the measures the […]
