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E-levy: Checkout transfers that will not attract 1.5% charge

The Electronic Transfer Levy, known as E-Levy, is set to be implemented next month 1 May 2022, thus the Ghana Revenue Authority (GRA) has outlined the transactions that will not be affected by the new tax policy.

According to the Authority, although the tax policy is to broaden the tax net, not all electronic transactions will come with a 1.5% tax rate.

Speaking on JoyNews’ Current Affairs show dubbed ‘The Probe’. Head of Compliance, Domestic Tax Revenue Unit at GRA, Mr. Victor Yao Akogo listed transfers that will not be taxed as follows;

A cumulative transfer of ¢100 is made by the same person.

A transfer between accounts owned by the same person.

Transfers for the payment of taxes, fees, and charges on the Ghana.gov 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 the principal, master agent, and agent’s accounts.

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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