The Ghana Chamber of Telecommunications (GCT) has called on the government to lower the Electronic Transfer Levy (E-levy) from 1% to 0.5% and impose a 0.5% levy on cash-outs to align the policy with Ghana’s digital-first strategy. “Our recommendation to the Ministry of Finance is to consider reducing the levy …
Read More »We’re a listening government – John Kumah cites E-Levy rate review
Deputy Finance Minister, Dr John Kumah says the fact that the ruling administration has reduced the controversial Electronic Transfer Levy (E-levy) proves they are a listening government. “…having reduced the rate to 1% means that we are a listening government,” he said. E-levy Finance Minister, Ken Ofori Atta presenting the …
Read More »2023 Budget: All mobile money transfers should be charged E-Levy – Ofori-Atta
The Minister for Finance, Ken Ofori-Atta, has announced a proposal to review the Electronic Transfer Levy (E-Levy) from its current rate of 1.5 percent to 1.0 percent. In addition to the reduction of the rate, Ofori-Atta also proposed the removal of limits on transfers that will attract the levy. “Review the …
Read More »2023 Budget: E-Levy reduced to 1% – Ofori-Atta
The government has indicated a further reduction in the headline rate of the controversial Electronic Transfer Levy to 1 percent from the current 1.5 percent. The review of the act is to drive aggressive mobilisation of domestic revenue. Finance Minister, Ken Ofori-Atta disclosed while presenting the 2023 budget statement in …
Read More »E-Levy: GH¢328.80 million collected as of September – GRA
The Ghana Revenue Authority (GRA)has announced that since it commenced the implementation of the Electronic Transfer Levy, the revenue generated as of September 2022 amounted to GH¢328.80M. The GRA explained that it is worth mentioning that, month-on-month basis they continue to see a 20% improvement in the collection of the …
Read More »GRA begins full roll-out of E-Levy on July 1
The Ghana Revenue Authority (GRA) will on Friday, July 1, 2022, begin the full roll-out of the implementation of the Electronic Transaction Levy (E-Levy). The levy introduced in 2021 was met with a lot of opposition by the Minority Members of Parliament with backing from the majority of Ghanaians. After …
Read More »Ensure Transparent And Accountability On E-levy – Government Told
Ghana Second-hand Cloth Dealers Associations has charged the government to ensure transparency and accountability of the use of revenue generated from the e-levy. According to them, it is the responsibility for every citizen to pay tax and the government must also ensure that the money is used for the intended …
Read More »E-Levy Case: Minority were present when E-Levy was passed – AG to SC
The Attorney-General and the Ministry of Justice has told the Supreme Court that, “the quorum requirement as provided in Article 104(1) of the 1992 Constitution of Ghana was satisfied” when the Electronic Transaction Levy (E-Levy) was passed. The AG also argued that, all minority members of Parliament were present in …
Read More »Supreme Court gives AG 14 days to file statement on e-levy suit
The Supreme Court has granted the Attorney General 14 days within which to file his statement of case on the suit by three Minority Members of Parliament challenging the passage of the controversial Electronic Transfer Levy. Three NDC MPs, namely Haruna Iddrissu, Mahama Ayariga, and Samuel Okudjeto Ablakwa, are before …
Read More »‘Wtf!’ – Jessica Opare-Saforo suffers E-Levy deduction, goes berserk
Celebrities continue to express resentment at the implementation of the controversial Electronic Transfer Levy (E-Levy) with one of the latest being Jessica Opare-Saforo, a former broadcaster and YouTuber. In a tweet on May 10, 2022, sighted by GhanaWeb, Jessica Opare-Saforo could not believe she had to pay GH¢13.50 for a GH¢500 …
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