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E-levy implementation to start May 1 – GRA

Ghana Revenue Authorityw121

E-Levy assented into law

1.5% tax on electronic transactions, Finance Minister

GRA, telcos ready to collect E-Levy

The Ghana Revenue has announced that effective May 1, 2022, the implementation of the 1.5% levy on electronic transactions will begin.

According to the Commissioner-General, after the passage of the Electronic Transfer Levy Act 2022 (Act 1075) implementation will commence on May 1.

He stated that the levy applies to mobile money transfers done between accounts on the same electronic money issuer, transfers from bank accounts to mobile money accounts, transfers from mobile money accounts to bank accounts, etc.

The Charging institutions are electronic money issuers, payment service providers, banks, specialized deposit-taking institutions, and other institutions prescribed by regulations made by the act.’

Meanwhile, CEO of the Telecoms Chamber, Ken Ashigbey stated that the telcos are doing whatever is possible to ensure that the E-Levy is implemented in May.

Source: www.ghanaweb.com

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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