Mobile service providers will start implementing the revised Electronic Transfer Levy (E-Levy) rate of 1% tomorrow, January 11, 2023, in accordance with a direction from the Commissioner General of the Ghana Revenue Authority(GRA).
The companies offering the services are Vodafone Mobile Financial Services Limited, Zeepay Ghana Limited, GCB G-Money, Mobile Money Limited, and Airtel Mobile Commerce (Ghana) Limited.
According to a statement from the Ghana Chamber of Telecommunications, its members are collaborating diligently with the GRA and other important organizations to guarantee a smooth implementation of the updated E-Levy beginning on January 11, 2023.
“The Chamber would like to assure the general public that its members are working assiduously with the GRA and other key institutions, to ensure a seamless implementation of the revised levy from Wednesday January 11, 2023”.
“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% to 1%, while the GHS 100 threshold remains unchanged”, it said.
In order to help the government fund some important projects and raise the standard of service for the telecommunications sector, the E-Levy was proposed in the budget for 2022.