1% E-Levy takes off today… revised rate reduced from 1.5% while GH¢100 threshold remains unchanged

The implementa­tion of the revised Electronic Transfer Levy (E-Levy) rate of one per cent on electronic transac­tions by Airtel Mobile Commerce (Ghana) Limited, GCB G-Money, Mobile Money Limited, Vodafone Mobile Financial Services Limited and Zeepay Ghana Limited will begin today.

According to the Ghana Cham­ber of Telecommunications, this follows the directive from the Commissioner General of the Ghana Revenue Authority (GRA).

This was contained in a state­ment issued by the Ghana Cham­ber of Telecommunications and copied to the Ghanaian Times in Accra yesterday.

“As captured in the Electronic Transfer Levy (Amendment) Act, 2022, Act 1089 which has been passed by parliament and assented to by the President, the levy on electronic transfers has been re­duced from 1.5 per cent to one per cent, while the GH¢100 threshold remains unchanged,” the statement stated.

As such, the Chamber assured the general public that its members were working assiduously with the GRA and other key institu­tions, to ensure a seamless imple­mentation of the revised levy.

The Ghana Chamber of Tele­communication is an industry and a private initiative by the mobile network operators.

It is an advocacy institution es­tablished to help direct telecommu­nications policy, legislation and regulation, and pursue research towards the development of tele­communications industry.

It works through direct en­gagements with government institutions, civil society and other stakeholders as well as consumers to shape the mobile ecosystem and maximise the socio-economic benefits of mobile money in Ghana.

The Chamber was registered in 2010 and inaugurated in 2011.


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