The end of the era of the Electronic Transaction Levy, commonly called E-Levy, kicked in fully on Thursday as the Ghana Revenue Authority (GRA) sanctioned its reversal upon the President’s assent of the Bill that abolished the levy. The Ghana Revenue Authority (GRA) has since reaffirmed that the E-Levy has been officially abolished as of […]
The Ghana Revenue Authority (GRA) has officially announced the abolition of the controversial 1% Electronic Transfer Levy (E-Levy). This follows the President’s assent to the Electronic Transfer Levy Act, 2022 (Act 1075) and its Amendment Act, 2022 (Act 1089) earlier today. With immediate effect from midnight, April 2, 2025, all financial institutions and payment platforms […]
Parliament has approved the repeal of the controversial Electronic Transaction Levy (E-Levy), marking a significant policy shift in the country’s digital taxation. The decision follows the passage of the Electronic Transaction Levy (Repeal) Bill, 2025, on Wednesday, March 26, 2025. The E-Levy, which was first introduced in March 2022 under the previous New Patriotic Party […]
The Finance Minister has outlined strategic measures to address the fiscal gap that will arise from its decision to abolish several taxes, including the E-Levy, Betting Tax, and COVID-19 Levy. Speaking during the presentation of the 2025 Budget Statement and Economic Policy on March 11, Dr. Cassiel Ato Forson assured that the shortfall will be […]
Member of Parliament for Tano North, Dr Gideon Boako, is cautioning the Mahama government against introducing alternative taxes in disguise following their promise to scrap the electronic levy (e-levy) and betting taxes. Speaking to the media on Monday, 13 January, following the vetting of Finance Minister nominee Dr Cassiel Ato Forson, Dr Boako emphasised the […]
The Finance Minister-designate, Dr Cassiel Ato Forson, has vowed to abolish the betting tax and the E-levy in his first budget when he’s approved. Speaking before the Appointments Committee of Parliament on Monday, January 13, Dr Forson argued that the current betting tax has failed to achieve its intended objectives and should be scrapped. “I […]
Deputy Minister of Finance, Dr. John Kumah, has revealed that the government amassed a total of GH¢1.19 billion in revenue from the E-levy in the year 2023. This substantial sum has been strategically allocated to various initiatives aimed at addressing unemployment in the country, including the YouStart Programme by the the Ghana Enterprise Agency, and […]
The Vice President, Dr. Mahamudu Bawumia, has announced plans to abolish the e-levy, emissions tax, and other levies as part of proposed tax reforms aimed at boosting government revenue and fostering a cashless society if he is elected President. Presenting his government’s policy statement and priorities to Ghanaians in Accra on Wednesday, February 7, 2024, […]
Vice President Dr. Mahamudu Bawumia has stated that he intends to eliminate the tax on electronic financial transactions, known as e-levy, if elected President of Ghana. In his first major address to the nation following his election as New Patriotic Party (NPP) flagbearer, where he outlined the broad policy outlines of a Bawumia Presidency, Dr. […]
he Mobile Money Agents Association Of Ghana (MMAAG) has expressed the hope that the revised rate of the Electronic Levy (E-Levy) of one per cent, which takes off today, will help revive its business, since operations suffered last year when the levy was introduced. It said with money transfer businesses having suffered with the rate […]
The Attorney-General has criticised the Minority in Parliament for failing to adduce evidence in court over the claim of illegal passage of the E-levy on March 29. Speaking with the press after court proceedings on Wednesday, Godfred Yeboah Dame noted the NDC’s claims are mere propaganda that should be ignored. He said the party’s argument […]
The Supreme Court will today, May 4, hear the application brought before it by three Minority MPs against the implementation of the Electronic Transfer Levy (E-Levy). The MPs filed the suit on Tuesday, April 19, following the bill’s passage by the Majority Caucus on Tuesday, March 29, 2022, despite a walkout by the Minority Caucus. […]
