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GRA will collect E-levy – Ministry of Finance

 

Logo of the Ghana Revenue Authority (GRA)

The Finance Ministry says all the processes for the collection of the proposed Electronic levy (e-levy) on mobile money (MoMo) transactions, inward remittances and ATM withdrawals will be done by the Ghana Revenue Authority (GRA).

The Ministry, in a statement issued by the Public Relations Unit and copied to the Ghana News Agency, said, “GRA will manage all discussions to ensure full deployment of their current platforms and resources for the collection of the e-levy.”

This follows discussions that government should drop the allocation of GHC241,933,000 for the e-transaction levy services to an alleged private company.

The statement said, “the Ministry of Finance wish to state that these allegations are all untrue.”

Quoting an earlier statement made by the Finance Minister, Mr Ken Ofori-Atta on the subject, it noted that, “we do have an understanding with the Ghana Revenue Authority, which uses up to 3 percent of the money it raises for ensuring that they can make such collections.”

“The GHc241 million is, therefore, a reserve that is intended to be put aside to facilitate GRA’s collection of these resources,” the statement said.

“Additionally, typically when we have new tax measures, there is the issue of refunds and we usually make some compensation for that, sometimes 6 percent or so of the value to ensure that if those refunds come, we are able to pay for them.

“So, in essence, this really will be to back up GRA in a way to ensure that all the problems that people envisage and the difficulties other countries have had will be mitigated in Ghana, so we should be in readiness to support that,” the statement added.

Source: GNA

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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