Implementation of E-Levy to start from May 1 – GRA

The Ghana Revenue Authority (GRA) has declared that the E-Levy would be implemented on May 1, 2022.

The GRA claimed the decision was influenced by Parliament passing the E-Levy Bill. The E-Levy applies to all electronic transfers.

Coverage of E-Levy

This is a list of transactions that are covered and not covered by the controversial E-LEVY.

Transactions to be affected by E-levy

Mobile money transfers between accounts on the same electronic money issuer (EMI)

Mobile money transfers from an account on one EMI to a recipient on another EMI

Transfers from bank accounts to mobile money accounts

Transfer from mobile money accounts to bank accounts

Bank transfers on a digital platform or application which originate from a bank account belonging to an individual to another individual

Transactions exempted from E-LEVY

Cumulative transfers of GHC100 per day made by the same person

Transfers between accounts owned by the same person

Transfers for the payment of taxes, fees and charges on the platform

Electronic clearing of cheques

Specified merchant payments (that is, payments to commercial establishments registered with the GRA for income tax and VAT purposes)

Transfers between principal, master agent and agent’s accounts

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